Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
Revenues | 0.0 | 0.0 | | 786.2 |
Cost of goods sold | 10.6 | 8.6 | | 1,221.9 |
Gross profit | -10.6 | -8.6 | | -435.7 |
Gross margin | | | | -55.4% |
Selling, general and administrative | 57.6 | 28.0 | | 2,097.0 |
Research and development | 1.4 | 0.6 | | |
EBIT | -69.2 | -37.4 | | -4,105.2 |
EBIT margin | | | | -522.1% |
Pre-tax income | -77.5 | -53.0 | | -4,105.2 |
Income taxes | 0.0 | 0.0 | | 0.0 |
Tax rate | 0.0% | 0.0% | | 0.0% |
Net income | -77.5 | -53.0 | | -4,105.2 |
Net margin | | | | -522.1% |
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Diluted EPS | ($0.75) | ($1.84) | | |
Shares outstanding (diluted) | 102.9 | 28.7 | | |
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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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