Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
Revenues | 219.3 | 155.0 | 104.6 | 130.0 | 94.0 |
Revenue growth | 41.4% | 48.2% | -19.5% | 38.4% | |
Cost of goods sold | 55.5 | 41.4 | 25.9 | 73.9 | 55.5 |
Gross profit | 163.8 | 113.6 | 78.7 | 56.1 | 38.4 |
Gross margin | 74.7% | 73.3% | 75.3% | 43.2% | 40.9% |
Selling, general and administrative | 120.1 | 87.3 | 97.0 | 29.1 | 14.6 |
EBITA | 42.4 | 25.2 | -48.2 | 25.5 | 21.6 |
EBITA margin | 19.4% | 16.2% | -46.1% | 19.6% | 23.0% |
Amortization of intangibles | 88.4 | 59.7 | | 10.0 | 7.3 |
EBIT | -46.0 | -34.5 | -48.2 | 15.5 | 14.3 |
EBIT margin | -21.0% | -22.3% | -46.1% | 11.9% | 15.2% |
Pre-tax income | -86.7 | -129.7 | 0.0 | 10.5 | 9.4 |
Income taxes | -30.7 | -12.4 | 0.0 | 0.0 | 0.0 |
Tax rate | 35.4% | 9.5% | | 0.0% | 0.0% |
Net income | -50.1 | -105.6 | 0.0 | 10.5 | 9.4 |
Net margin | -22.8% | -68.1% | 0.0% | 8.1% | 10.1% |
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Diluted EPS | ($0.60) | ($2.02) | | $1.47 | |
Shares outstanding (diluted) | 83.3 | 52.2 | | 7.2 | |
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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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