Financial Summary (All financials)
In millions, except per share items | Mar-31-23 | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 |
Revenues | 2,556.2 | 2,787.6 | 2,256.1 | 2,309.2 | 2,068.3 | 1,594.6 | 1,559.3 | 1,417.4 |
Revenue growth | -8.3% | 23.6% | -2.3% | 11.7% | 29.7% | 2.3% | 10.0% | 2.5% |
Cost of goods sold | 1,834.8 | 0.0 | 0.0 | 0.0 | 9.7 | 12.2 | 10.8 | 495.1 |
Gross profit | 721.4 | 2,787.6 | 2,256.1 | 2,309.2 | 2,058.6 | 1,582.4 | 1,548.5 | 922.3 |
Gross margin | 28.2% | 100.0% | 100.0% | 100.0% | 99.5% | 99.2% | 99.3% | 65.1% |
Selling, general and administrative | 718.6 | 0.0 | 0.0 | 0.0 | 458.5 | 385.4 | 333.5 | 298.3 |
Research and development | | | | | 123.0 | 168.3 | 129.6 | 77.2 |
EBITA | -126.1 | -29.2 | 32.9 | -5.0 | -1.3 | -45.0 | 81.7 | 90.1 |
EBITA margin | -4.9% | -1.0% | 1.5% | -0.2% | -0.1% | -2.8% | 5.2% | 6.4% |
Amortization of intangibles | 29.8 | | | | 56.3 | 45.2 | 45.2 | 49.0 |
EBIT | -155.9 | -29.2 | 32.9 | -5.0 | -57.6 | -90.2 | 36.5 | 41.1 |
EBIT margin | -6.1% | -1.0% | 1.5% | -0.2% | -2.8% | -5.7% | 2.3% | 2.9% |
Pre-tax income | -162.2 | -16.4 | 26.0 | 1.4 | -110.5 | -105.5 | 25.4 | 17.6 |
Income taxes | -1,252.9 | -14.2 | 9.4 | -7.9 | 41.0 | 35.2 | 3.6 | -4.2 |
Tax rate | 772.7% | 86.6% | 36.3% | | | | 14.2% | |
Earnings from continuing ops | -217.6 | | | | -67.6 | -67.3 | 23.8 | 21.7 |
Earnings from discontinued ops | 1,302.4 | | | | | | | |
Net income | 1,084.8 | 0.0 | 0.0 | 0.0 | -67.6 | -67.3 | 23.8 | 21.7 |
Net margin | 42.4% | 0.0% | 0.0% | 0.0% | -3.3% | -4.2% | 1.5% | 1.5% |
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Diluted EPS | ($2.87) | $0.00 | $0.00 | $0.00 | ($1.13) | ($1.15) | $0.45 | $0.44 |
Shares outstanding (diluted) | 75.9 | 73.4 | 67.0 | 61.6 | 59.9 | 58.4 | 53.4 | 49.4 |
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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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