Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 52.4 | 41.2 |
Revenue growth | 27.3% | |
Cost of goods sold | 23.4 | 22.6 |
Gross profit | 29.0 | 18.6 |
Gross margin | 55.3% | 45.2% |
Sales and marketing | 0.2 | 0.2 |
General and administrative | 1.1 | 1.3 |
EBIT | -88.7 | -89.1 |
EBIT margin | -169.2% | -216.4% |
Pre-tax income | 21.3 | 11.1 |
Income taxes | 5.2 | 2.5 |
Tax rate | 24.3% | 22.4% |
Net income | 16.0 | 8.5 |
Net margin | 30.5% | 20.8% |
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Diluted EPS | $3.02 | $1.62 |
Shares outstanding (diluted) | 5.3 | 5.3 |
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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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