Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| Revenues | 90.0 | 97.3 | 20.1 | 4.4 |
| Revenue growth | -7.5% | 383.9% | 353.1% | |
| Cost of goods sold | 76.5 | 32.1 | 12.5 | 5.0 |
| Gross profit | 13.4 | 65.2 | 7.6 | -0.6 |
| Gross margin | 14.9% | 67.0% | 38.0% | -12.6% |
| Selling, general and administrative | 36.9 | 24.0 | 5.6 | 5.8 |
| EBIT | -58.6 | 32.9 | -2.4 | -8.1 |
| EBIT margin | -65.2% | 33.8% | -11.9% | -181.9% |
| Pre-tax income | -254.7 | 29.5 | -3.3 | -8.5 |
| Income taxes | 15.0 | 7.9 | 0.0 | 0.0 |
| Tax rate | | 26.8% | 0.0% | 0.0% |
| Net income | -271.1 | -44.5 | -3.3 | -8.5 |
| Net margin | -301.3% | -45.7% | -16.4% | -190.9% |
| |
| Diluted EPS | ($6.40) | ($1.21) | | |
| Shares outstanding (diluted) | 42.4 | 36.6 | | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|