Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 739.0 | 497.9 | 327.4 | 238.4 |
Revenue growth | 48.4% | 52.1% | 37.4% | |
Cost of goods sold | 558.1 | 344.6 | 211.5 | 142.3 |
Gross profit | 180.9 | 153.3 | 115.9 | 96.1 |
Gross margin | 24.5% | 30.8% | 35.4% | 40.3% |
Selling, general and administrative | 183.5 | 264.5 | 104.9 | 65.8 |
EBIT | -2.6 | -111.2 | 11.0 | 30.3 |
EBIT margin | -0.4% | -22.3% | 3.4% | 12.7% |
Pre-tax income | -14.1 | -119.6 | 6.9 | 28.6 |
Income taxes | 2.6 | -1.6 | 0.8 | 0.1 |
Tax rate | | 1.4% | 12.2% | 0.3% |
Net income | -2.2 | -80.1 | 6.1 | 28.5 |
Net margin | -0.3% | -16.1% | 1.9% | 11.9% |
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Diluted EPS | ($0.04) | ($1.75) | | |
Shares outstanding (diluted) | 51.9 | 45.9 | | |
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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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