In millions, except per share items | Dec-31-22 | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 |
Revenues | 511.1 | 600.3 | 389.7 | 443.0 | 23.3 |
Revenue growth | 31.2% | 35.5% | 1573.8% | | |
Cost of goods sold | 0.0 | 146.2 | 0.0 | 92.9 | 0.0 |
Gross profit | 511.1 | 454.1 | 389.7 | 350.1 | 23.3 |
Gross margin | 100.0% | 75.6% | 100.0% | 79.0% | 100.0% |
Selling, general and administrative | 7.7 | | 2.3 | | 622.1 |
Sales and marketing | | 248.4 | | 181.4 | |
General and administrative | | 127.6 | | 92.2 | |
EBITA | 69.9 | 78.1 | -52.4 | 76.6 | -153.6 |
EBITA margin | 13.7% | 13.0% | -13.4% | 17.3% | -659.9% |
Amortization of intangibles | 7.1 | | 2.3 | | 47.4 |
EBIT | 62.8 | 78.1 | -54.7 | 76.6 | -201.0 |
EBIT margin | 12.3% | 13.0% | -14.0% | 17.3% | -863.5% |
Pre-tax income | 69.2 | 27.1 | -18.8 | -3.0 | -774.2 |
Income taxes | -1.6 | -1.6 | 0.3 | 0.3 | 0.0 |
Tax rate | | | | | 0.0% |
Earnings from continuing ops | 28.7 | 28.7 | | -3.3 | -774.2 |
Earnings from discontinued ops | | 70.8 | | -19.1 | |
Net income | 28.7 | 28.7 | 0.0 | -3.3 | -774.2 |
Net margin | 5.6% | 4.8% | 0.0% | -0.7% | -3325.4% |
|
Diluted EPS | $0.14 | | $0.00 | | |
Shares outstanding (diluted) | 198.7 | | 77.5 | | |
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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. |