Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 0.0 | 636.9 | 195.7 | 166.2 |
Revenue growth | -100.0% | 225.4% | 17.7% | |
Cost of goods sold | 0.0 | 588.1 | 183.5 | 168.0 |
Gross profit | 0.0 | 48.8 | 12.2 | -1.8 |
Gross margin | | 7.7% | 6.2% | -1.1% |
Selling, general and administrative | 0.0 | 220.1 | 83.9 | 71.9 |
EBITA | -198.5 | -172.5 | -72.7 | -74.1 |
EBITA margin | | -27.1% | -37.1% | -44.6% |
Amortization of intangibles | 8.8 | 4.4 | 3.6 | 2.7 |
EBIT | -207.3 | -176.9 | -76.3 | -76.8 |
EBIT margin | | -27.8% | -39.0% | -46.2% |
Pre-tax income | -284.0 | -166.0 | -59.1 | -80.5 |
Income taxes | 0.0 | 0.2 | 0.0 | 0.0 |
Tax rate | 0.0% | | 0.0% | 0.0% |
Net income | -284.0 | -166.3 | -59.1 | -80.5 |
Net margin | | -26.1% | -30.2% | -48.4% |
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Diluted EPS | | ($21.29) | ($3.12) | ($25.30) |
Shares outstanding (diluted) | | 7.8 | 18.9 | 3.2 |
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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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