Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 114.7 | 69.6 | 53.2 |
Revenue growth | 64.9% | 30.8% | |
Cost of goods sold | 20.4 | 39.9 | 13.0 |
Gross profit | 94.3 | 29.7 | 40.2 |
Gross margin | 82.2% | 42.7% | 75.5% |
Selling, general and administrative | 73.0 | 3.8 | 25.4 |
EBIT | -32.3 | 11.1 | 7.4 |
EBIT margin | -28.1% | 15.9% | 13.9% |
Pre-tax income | -244.5 | 10.6 | 6.9 |
Income taxes | -3.5 | 0.0 | 0.0 |
Tax rate | 1.4% | 0.0% | 0.0% |
Net income | -241.0 | 10.6 | 6.9 |
Net margin | -210.0% | 15.3% | 13.0% |
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Diluted EPS | ($1.84) | | |
Shares outstanding (diluted) | 131.1 | | |
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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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