Financial Summary (All financials)
In millions, except per share items | Mar-31-22 | Mar-31-21 | Mar-31-20 |
Revenues | 55.3 | 23.8 | 67.7 |
Revenue growth | 132.3% | -64.8% | |
Cost of goods sold | 9.0 | 2.1 | 1.1 |
Gross profit | 46.3 | 21.7 | 66.6 |
Gross margin | 83.8% | 91.4% | 98.3% |
Research and development | 483.0 | 236.6 | 263.2 |
General and administrative | 775.0 | 259.9 | 335.8 |
EBIT | -1,211.7 | -474.8 | -532.4 |
EBIT margin | -2191.8% | -1995.2% | -786.6% |
Pre-tax income | -923.7 | -898.5 | -561.0 |
Income taxes | 0.4 | 1.7 | 7.1 |
Earnings from continuing ops | -845.3 | -809.2 | -377.9 |
Earnings from discontinued ops | | | 1,578.4 |
Net income | -845.3 | -809.2 | 1,200.5 |
Net margin | -1528.9% | -3400.9% | 1773.6% |
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Diluted EPS | ($1.26) | ($1.28) | ($0.59) |
Shares outstanding (diluted) | 669.8 | 630.0 | 640.9 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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