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 |
Revenues | 347.9 | 343.4 | 164.5 | 120.0 | 77.2 |
Revenue growth | 1.3% | 108.8% | 37.1% | 55.4% | |
Cost of goods sold | 63.4 | 61.2 | 37.0 | 22.4 | 21.0 |
Gross profit | 284.5 | 282.2 | 127.5 | 97.5 | 56.2 |
Gross margin | 81.8% | 82.2% | 77.5% | 81.3% | 72.8% |
General and administrative | 9.1 | 7.9 | 6.3 | 7.5 | 4.6 |
EBIT | 200.6 | 201.2 | 75.6 | 55.0 | 29.0 |
EBIT margin | 57.7% | 58.6% | 46.0% | 45.9% | 37.6% |
Pre-tax income | 188.1 | 162.3 | 8.2 | 17.1 | 11.8 |
Income taxes | 0.1 | 0.1 | 0.1 | 0.2 | 0.0 |
Tax rate | 0.1% | 0.1% | 1.0% | 1.1% | |
Net income | 188.0 | 162.2 | 8.1 | 17.0 | 11.8 |
Net margin | 54.0% | 47.2% | 4.9% | 14.1% | 15.3% |
|
Diluted EPS | $3.51 | $3.04 | $0.15 | $0.31 | $0.29 |
Shares outstanding (diluted) | 53.5 | 53.3 | 54.3 | 54.2 | 40.6 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|