Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 138.7 | 125.2 | 90.7 | 120.3 | 115.3 | 110.2 | 83.2 | 92.7 |
Revenue growth | 10.8% | 38.0% | -24.6% | 4.3% | 4.7% | 32.4% | -10.2% | -19.5% |
Cost of goods sold | 109.0 | 88.4 | 78.2 | 91.7 | 81.6 | 68.0 | 73.0 | 70.4 |
Gross profit | 29.7 | 36.7 | 12.5 | 28.6 | 33.7 | 42.1 | 10.3 | 22.3 |
Gross margin | 21.4% | 29.4% | 13.8% | 23.8% | 29.2% | 38.2% | 12.3% | 24.1% |
Selling, general and administrative | | | | | | | | |
General and administrative | 8.0 | 6.9 | 8.4 | 8.0 | 7.8 | 8.1 | 9.5 | 10.3 |
EBIT | 2.2 | 20.1 | 0.6 | 15.5 | 19.0 | 28.5 | 9.1 | 10.5 |
EBIT margin | 1.6% | 16.0% | 0.6% | 12.9% | 16.5% | 25.9% | 11.0% | 11.3% |
Pre-tax income | 2.2 | 17.6 | -0.8 | 15.5 | 19.0 | 28.5 | 9.1 | 10.5 |
Income taxes | 8.6 | 9.6 | 5.6 | 10.0 | 7.2 | 24.3 | 4.8 | 7.4 |
Tax rate | 382.4% | 54.5% | | 64.3% | 37.6% | 85.4% | 52.0% | 70.7% |
Net income | -6.3 | 8.0 | 4.4 | 5.8 | 9.3 | 4.2 | 4.4 | 3.1 |
Net margin | -4.6% | 6.4% | 4.8% | 4.8% | 8.1% | 3.8% | 5.3% | 3.3% |
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Diluted EPS | ($0.07) | $0.11 | ($0.09) | $0.09 | $0.20 | $0.07 | $0.08 | $0.06 |
Shares outstanding (diluted) | 88.4 | 75.6 | 70.7 | 64.0 | 58.4 | 57.6 | 55.7 | 54.3 |
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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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