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 | 162.7 | 140.7 | 104.0 | 90.5 | 72.0 |
Revenue growth | 15.6% | 35.3% | 14.9% | 25.6% | |
Cost of goods sold | 49.7 | 46.7 | 34.8 | 30.8 | 26.5 |
Gross profit | 112.9 | 94.0 | 69.1 | 59.6 | 45.5 |
Gross margin | 69.4% | 66.8% | 66.5% | 65.9% | 63.2% |
Sales and marketing | 74.2 | 65.4 | 43.8 | 38.0 | 30.5 |
General and administrative | 129.6 | 122.0 | 43.2 | 42.2 | 40.6 |
EBITA | -90.2 | -92.4 | -16.9 | -19.5 | -25.5 |
EBITA margin | -55.5% | -65.7% | -16.2% | -21.5% | -35.5% |
Amortization of intangibles | 0.6 | 1.1 | 1.0 | 1.1 | |
EBIT | -90.8 | -93.4 | -17.9 | -20.5 | -25.5 |
EBIT margin | -55.8% | -66.4% | -17.3% | -22.7% | -35.5% |
Pre-tax income | -63.9 | -30.6 | -24.7 | -22.4 | -25.4 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | | 0.0% | 0.0% | 0.0% |
Net income | -35.4 | -27.3 | -24.7 | -22.4 | -26.0 |
Net margin | -21.8% | -19.4% | -23.7% | -24.8% | -36.0% |
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Diluted EPS | ($0.41) | ($0.34) | | | ($0.30) |
Shares outstanding (diluted) | 85.9 | 79.2 | | | 85.6 |
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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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