Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-05-20 | Dec-31-19 | Dec-31-18 |
| Revenues | 722.7 | 722.7 | 439.4 | 439.4 | 46.6 | 46.6 | 35.2 | 8.2 |
| Revenue growth | 64.5% | 64.5% | 844.0% | 844.0% | 32.2% | | 329.6% | 2407.0% |
| Cost of goods sold | 439.2 | 308.8 | 305.0 | 205.8 | 2.5 | 0.0 | 9.2 | 10.9 |
| Gross profit | 283.5 | 413.9 | 134.5 | 233.6 | 44.1 | 46.6 | 26.0 | -2.7 |
| Gross margin | 39.2% | 57.3% | 30.6% | 53.2% | 94.6% | 100.0% | 73.8% | -32.5% |
| Selling, general and administrative | 0.0 | 131.4 | 0.0 | 100.2 | 112.4 | 79.3 | 160.8 | 64.8 |
| Research and development | | | | | | | | 75.0 |
| EBIT | 292.5 | 282.5 | 126.9 | 133.5 | -79.4 | -75.2 | -145.1 | -153.3 |
| EBIT margin | 40.5% | 39.1% | 28.9% | 30.4% | -170.5% | -161.6% | -412.0% | -1870.2% |
| Pre-tax income | 294.3 | 294.3 | 77.5 | 77.5 | -75.2 | -75.2 | -152.6 | -158.9 |
| Income taxes | 1.1 | 1.1 | 0.8 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | 0.4% | 0.4% | 1.0% | 1.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | 293.2 | 293.2 | 76.7 | 76.7 | -75.2 | -75.2 | -152.6 | -158.9 |
| Net margin | 40.6% | 40.6% | 17.5% | 17.5% | -161.6% | -161.6% | -433.3% | -1938.3% |
| |
| Diluted EPS | $1.94 | $1.94 | $0.58 | $0.58 | ($0.74) | ($0.74) | ($2.12) | ($2.55) |
| Shares outstanding (diluted) | 150.8 | 150.8 | 133.0 | 133.0 | 101.5 | 101.5 | 72.0 | 62.4 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|