Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 13.9 | 11.5 | 11.7 | 12.4 | 9.8 | 7.8 | 7.7 | 7.9 |
Revenue growth | 20.4% | -1.4% | -6.0% | 26.5% | 25.5% | 1.4% | -2.3% | 5.2% |
Cost of goods sold | 2.6 | 2.1 | 2.1 | 2.1 | 1.9 | 1.0 | 2.0 | 1.5 |
Gross profit | 11.2 | 9.4 | 9.6 | 10.3 | 7.9 | 6.8 | 5.8 | 6.4 |
Gross margin | 81.0% | 81.8% | 81.9% | 83.1% | 80.6% | 87.3% | 74.4% | 81.5% |
Sales and marketing | | | | | | 0.5 | 0.5 | 0.5 |
General and administrative | 1.8 | 1.7 | 1.7 | 1.7 | 1.7 | 1.9 | 1.9 | 1.6 |
EBIT | 1.7 | 2.3 | 2.6 | 2.7 | 2.9 | 3.1 | 2.9 | 3.0 |
EBIT margin | 12.6% | 20.1% | 22.3% | 21.3% | 29.9% | 39.3% | 38.0% | 38.4% |
Pre-tax income | 0.4 | -4.5 | 0.5 | -2.1 | 0.9 | 1.3 | 1.3 | 2.8 |
Income taxes | -0.1 | 0.8 | 0.9 | 0.9 | 4.1 | 0.5 | 0.5 | 1.1 |
Tax rate | | | 170.1% | | 485.0% | 38.2% | 38.5% | 38.8% |
Earnings from continuing ops | 0.5 | -5.4 | -0.4 | -3.0 | -3.2 | 2.4 | 0.9 | 1.9 |
Earnings from discontinued ops | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | -1.7 | 0.0 | -0.2 |
Net income | 0.5 | -5.4 | -0.4 | -3.0 | -3.3 | 0.8 | 0.8 | 1.7 |
Net margin | 3.7% | -46.7% | -3.2% | -24.3% | -33.5% | 10.1% | 10.6% | 22.0% |
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Diluted EPS | $0.01 | ($0.08) | ($0.01) | ($0.11) | ($0.12) | $0.12 | $0.04 | $0.09 |
Shares outstanding (diluted) | 69.5 | 69.1 | 68.7 | 26.1 | 25.7 | 21.2 | 21.4 | 21.2 |
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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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