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 | 1,296.0 | 614.5 | 323.4 | 226.3 | |
Revenue growth | 110.9% | 90.0% | 42.9% | | |
Cost of goods sold | 794.2 | 346.6 | 103.9 | 48.7 | |
Gross profit | 501.9 | 267.9 | 219.5 | 177.6 | |
Gross margin | 38.7% | 43.6% | 67.9% | 78.5% | |
Sales and marketing | 981.5 | 495.2 | 185.3 | 145.6 | |
General and administrative | 828.3 | 447.4 | 124.9 | 75.9 | |
EBITA | -1,457.0 | -775.7 | -136.6 | -70.5 | |
EBITA margin | -112.4% | -126.2% | -42.2% | -31.1% | |
Amortization of intangibles | 107.3 | 68.1 | 9.5 | 6.3 | |
EBIT | -1,564.3 | -843.8 | -146.1 | -76.8 | |
EBIT margin | -120.7% | -137.3% | -45.2% | -33.9% | |
Pre-tax income | -1,517.6 | -1,231.9 | -142.2 | -76.1 | |
Income taxes | 8.3 | -0.6 | 0.1 | 0.1 | |
Tax rate | | 0.1% | | | |
Net income | -1,523.2 | -1,231.8 | -142.7 | -76.2 | |
Net margin | -117.5% | -200.5% | -44.1% | -33.7% | |
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Diluted EPS | ($3.78) | ($4.03) | ($0.77) | ($0.45) | |
Shares outstanding (diluted) | 402.5 | 305.6 | 184.6 | 169.8 | |
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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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