Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 418.9 | 445.6 | 440.8 | 103.7 | 275.1 |
Revenue growth | -6.0% | | 325.3% | -62.3% | |
Cost of goods sold | 544.2 | 301.1 | 287.6 | 180.6 | 0.0 |
Gross profit | -125.3 | 144.5 | 153.2 | -77.0 | 275.1 |
Gross margin | -29.9% | 32.4% | 34.8% | -74.2% | 100.0% |
General and administrative | 7.4 | 7.8 | 5.3 | 2.1 | 9.3 |
EBIT | -132.7 | 136.7 | 153.2 | -77.0 | 82.0 |
EBIT margin | -31.7% | 30.7% | 34.8% | -74.2% | 29.8% |
Pre-tax income | -252.0 | 24.5 | 42.9 | -161.4 | -6.1 |
Income taxes | -0.2 | -0.5 | 0.5 | 0.2 | 0.0 |
Tax rate | 0.1% | | 1.3% | | 0.0% |
Net income | 0.0 | 0.0 | 42.4 | -161.6 | -6.1 |
Net margin | 0.0% | 0.0% | 9.6% | -155.9% | -2.2% |
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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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