Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
Revenues | 116.6 | 53.1 | 22.5 | 8.2 | 11.7 | 24.1 | 18.6 | 12.1 |
Revenue growth | 119.8% | 136.1% | 174.2% | -29.8% | -51.5% | 29.2% | 54.3% | 24.5% |
Cost of goods sold | 6.1 | 4.5 | 2.2 | 4.8 | 4.6 | 5.1 | 4.2 | 3.9 |
Gross profit | 110.5 | 48.6 | 20.3 | 3.4 | 7.1 | 18.9 | 14.4 | 8.2 |
Gross margin | 94.8% | 91.6% | 90.3% | 41.2% | 60.4% | 78.6% | 77.3% | 67.6% |
Selling, general and administrative | | 11.0 | 8.2 | | | | | |
General and administrative | 21.8 | 15.6 | 10.9 | 10.0 | 8.2 | 8.3 | 6.4 | 6.1 |
EBIT | 11.7 | 8.1 | 3.2 | -8.2 | -8.7 | 8.1 | 4.8 | -16.5 |
EBIT margin | 10.0% | 15.4% | 14.3% | -100.3% | -74.7% | 33.6% | 26.0% | -137.0% |
Pre-tax income | -1.0 | 12.8 | 6.3 | -12.8 | -8.9 | 7.6 | 4.3 | -17.5 |
Income taxes | -2.1 | 4.4 | -0.1 | -0.4 | -0.6 | 0.4 | 0.0 | -1.7 |
Tax rate | 209.6% | 34.2% | | 3.2% | 7.1% | 5.0% | | 9.9% |
Net income | 0.8 | 7.1 | 6.3 | -12.4 | -8.3 | 6.9 | 4.3 | -15.8 |
Net margin | 0.7% | 13.3% | 28.1% | -151.4% | -71.1% | 28.8% | 23.0% | -130.4% |
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Diluted EPS | $0.10 | $0.00 | $0.98 | ($2.27) | ($1.56) | $0.06 | $0.04 | ($0.14) |
Shares outstanding (diluted) | 8.1 | 7,839.0 | 6.5 | 5.5 | 5.3 | 114.0 | 117.1 | 112.2 |
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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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