Financial Summary (All financials)
| In millions, except per share items | Mar-31-23 | Mar-05-23 | Mar-31-22 | Mar-05-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 |
| Revenues | 1,379.1 | 1,379.1 | 1,459.9 | 1,459.9 | 1,869.7 | 2,900.1 | 3,364.9 | 3,199.0 |
| Revenue growth | -5.5% | -5.5% | -21.9% | | -35.5% | -13.8% | 5.2% | -9.4% |
| Cost of goods sold | 0.0 | 991.6 | 0.0 | 1,073.1 | 0.0 | 0.0 | 2,924.9 | 2,607.6 |
| Gross profit | 1,379.1 | 387.5 | 1,459.9 | 386.9 | 1,869.7 | 2,900.1 | 440.0 | 591.4 |
| Gross margin | 100.0% | 28.1% | 100.0% | 26.5% | 100.0% | 100.0% | 13.1% | 18.5% |
| Selling, general and administrative | 0.0 | 210.4 | 0.0 | 202.1 | 0.0 | 0.0 | 3,938.0 | 3,957.2 |
| Sales and marketing | 0.0 | | 0.0 | | 0.0 | 0.0 | 3,639.6 | 3,664.6 |
| EBITA | 236.2 | 243.0 | 111.7 | 125.9 | -309.0 | 124.1 | 44.3 | 196.9 |
| EBITA margin | 17.1% | 17.6% | 7.7% | 8.6% | -16.5% | 4.3% | 1.3% | 6.2% |
| Amortization of intangibles | 10.7 | | 11.7 | | 22.6 | 48.3 | 52.6 | 56.5 |
| EBIT | 225.5 | 243.0 | 100.1 | 125.9 | -331.5 | 75.8 | -8.3 | 140.4 |
| EBIT margin | 16.3% | 17.6% | 6.9% | 8.6% | -17.7% | 2.6% | -0.2% | 4.4% |
| Pre-tax income | 95.7 | 95.7 | -37.8 | -37.8 | -448.0 | -23.6 | -332.6 | -461.8 |
| Income taxes | 6.1 | 6.1 | 4.9 | 4.9 | 2.9 | 5.8 | -5.4 | -36.5 |
| Tax rate | 6.4% | 6.4% | | | | | 1.6% | 7.9% |
| Net income | 89.6 | 89.6 | -42.8 | -42.8 | -450.9 | -29.4 | -327.1 | -425.4 |
| Net margin | 6.5% | 6.5% | -2.9% | -2.9% | -24.1% | -1.0% | -9.7% | -13.3% |
| |
| Diluted EPS | $1.25 | $1.25 | ($0.66) | ($0.66) | ($8.55) | ($0.58) | ($6.58) | ($8.60) |
| Shares outstanding (diluted) | 71.7 | 71.7 | 64.5 | 64.5 | 52.7 | 50.5 | 49.7 | 49.4 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|