In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K | 10-K | 10-K |
Revenues: |
FIF | 28.6 | 15.2 | 3.8 | | | | | |
LMH | 39.2 | 31.5 | 28.3 | 28.4 | 14.1 | 5.3 | 3.2 | 0.7 |
GIG | 13.4 | 10.2 | 13.6 | 13.0 | 6.0 | 3.7 | 0.7 | |
Other | | | | | | | | 0.0 |
Total revenues [+] | 81.2 | 57.0 | 45.7 | 41.4 | 20.0 | 9.0 | 3.8 | 0.7 |
Advertising | | | | | | | 3.2 | 0.7 |
Net interest income | | | | | | | 0.0 | |
Insurance commissions & fees | 2.1 | 2.2 | 1.5 | 1.6 | 2.6 | 1.6 | 0.5 | |
Net investment income | 0.7 | 0.3 | 0.4 | 0.4 | 0.2 | 0.1 | 0.0 | 0.0 |
Revenue growth [+] | 42.6% | 24.5% | 10.5% | 106.7% | 122.1% | 134.5% | 431.7% | 1547.7% |
FIF | 87.9% | 297.1% | | | | | | |
LMH | 24.6% | 11.5% | -0.6% | 102.1% | 167.1% | 66.5% | 343.6% | |
GIG | 30.5% | -25.0% | 5.3% | 117.6% | 58.9% | 451.3% | | |
Cost of goods sold [+] | 26.3 | 34.2 | 13.0 | 11.9 | 14.2 | 7.9 | 3.0 | 0.5 |
Labor costs | | | | | 8.6 | 4.4 | 1.8 | 0.2 |
Other cost of sales | | | | | | 0.7 | 0.1 | |
Gross profit | 54.9 | 22.7 | 32.7 | 29.4 | 5.8 | 1.2 | 0.8 | 0.3 |
Gross margin | 67.6% | 39.9% | 71.5% | 71.1% | 28.9% | 12.9% | 21.3% | 34.8% |
Selling, general and administrative [+] | 18.2 | 17.5 | 11.2 | 10.0 | 7.7 | 4.1 | 2.0 | 0.9 |
General and administrative [+] | 18.2 | 17.5 | 11.2 | 10.0 | 7.7 | 4.1 | 2.0 | 0.9 |
General and administrative expenses | 12.9 | 9.8 | 7.0 | 6.3 | 4.2 | 1.9 | 0.8 | 0.2 |
Professional fees | 5.3 | 7.7 | 4.2 | 3.7 | 3.5 | 2.2 | 1.2 | 0.7 |
Equity in earnings | -1.4 | 0.9 | 5.6 | 0.5 | 0.5 | 0.1 | 0.0 | 0.0 |
Other operating expenses | 8.4 | 23.3 | 22.6 | 28.5 | 8.2 | 2.6 | 0.9 | 0.1 |
EBITDA [+] | 33.6 | -12.4 | 8.6 | 2.0 | -3.5 | -3.0 | -1.3 | -0.6 |
EBITDA growth | -370.2% | -244.5% | 330.6% | -157.5% | 16.6% | 135.0% | 123.8% | 1367.5% |
EBITDA margin | 41.4% | -21.8% | 18.8% | 4.8% | -17.4% | -33.1% | -33.0% | -78.4% |
Depreciation | 15.3 | 10.3 | 7.8 | 13.7 | 8.1 | 2.6 | 1.1 | 0.5 |
EBITA | 18.3 | -22.7 | 0.8 | -11.7 | -11.6 | -5.6 | -2.3 | -1.0 |
EBITA margin | 22.5% | -39.9% | 1.7% | -28.3% | -58.0% | -61.7% | -60.6% | -141.5% |
Amortization of intangibles | | | | | | 0.8 | 0.6 | 0.0 |
EBIT [+] | 18.3 | -22.7 | 0.8 | -11.7 | -11.6 | -6.3 | -2.9 | -1.0 |
EBIT growth | -180.6% | -3010.6% | -106.7% | 0.9% | 83.2% | 118.0% | 183.6% | 2552.1% |
EBIT margin | 22.5% | -39.9% | 1.7% | -28.3% | -58.0% | -70.3% | -75.6% | -141.8% |
Non-recurring items [+] | 24.9 | 0.2 | 0.2 | 0.2 | 0.2 | 0.4 | 0.3 | 0.1 |
Loss (gain) on sale of assets | -0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.4 | 0.3 | 0.1 |
Unusual expense | 25.0 | | | | | | | |
Interest income, net [+] | -1.2 | -1.0 | 0.8 | 2.9 | 2.0 | 0.1 | | 0.0 |
Interest expense | 1.2 | 1.0 | 0.8 | 0.3 | 0.0 | 0.0 | | 0.0 |
Interest income | | | 1.7 | 3.2 | 2.0 | 0.1 | | |
Other income (expense), net [+] | 11.6 | 97.0 | -3.8 | 7.6 | 0.6 | 0.1 | 0.0 | 0.1 |
Gain (loss) on sale of assets | | | | | -0.1 | | | |
Gain (loss) on investments | | | | 0.6 | 0.7 | | | |
Change in fair value of warrants | 1.8 | 2.9 | -0.2 | | | | | |
Pre-tax income | 3.8 | 73.2 | -2.4 | -1.5 | -9.2 | -6.5 | -3.2 | -1.0 |
Income taxes | -3.5 | 17.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | 24.2% | 0.0% | 0.0% | 0.5% | 0.2% | 0.0% | 0.0% |
Net income | 7.3 | 55.5 | -2.4 | -1.5 | -9.2 | -6.5 | -3.2 | -1.0 |
Net margin | 9.0% | 97.4% | -5.3% | -3.6% | -45.7% | -71.9% | -82.6% | -144.9% |
|
Basic EPS [+] | $0.25 | $1.91 | ($0.09) | ($0.07) | ($0.46) | ($0.60) | ($0.53) | ($0.71) |
Growth | -87.2% | -2124.4% | 45.4% | -85.8% | -23.3% | 14.1% | -25.7% | 182.7% |
Diluted EPS [+] | $0.24 | $1.91 | ($0.09) | ($0.07) | ($0.46) | ($0.60) | ($0.53) | ($0.71) |
Growth | -87.2% | -2119.6% | 45.4% | -85.8% | -23.3% | 14.1% | -25.7% | 182.7% |
|
Shares outstanding (basic) [+] | 29.7 | 29.0 | 25.7 | 22.8 | 19.9 | 10.8 | 6.0 | 1.5 |
Growth | 2.5% | 12.9% | 12.7% | 14.3% | 84.3% | 79.0% | 308.0% | 454.9% |
Shares outstanding (diluted) [+] | 29.8 | 29.0 | 25.7 | 22.8 | 19.9 | 10.8 | 6.0 | 1.5 |
Growth | 2.5% | 13.1% | 12.7% | 14.3% | 84.3% | 79.0% | 308.0% | 454.9% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |