Financial Summary (All financials)
In millions, except per share items | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 | Mar-31-15 |
Revenues | 22.3 | 15.6 | 16.0 | 16.7 | 18.8 | 18.6 | 16.9 | 18.2 |
Revenue growth | 42.9% | -2.6% | -4.2% | -11.1% | 1.3% | 10.1% | -7.6% | 0.0% |
Cost of goods sold | 21.4 | 13.8 | 14.4 | 13.7 | 16.6 | 15.2 | 13.6 | 18.3 |
Gross profit | 0.9 | 1.8 | 1.6 | 3.0 | 2.2 | 3.3 | 3.3 | -0.1 |
Gross margin | 4.0% | 11.6% | 10.2% | 17.9% | 11.7% | 17.8% | 19.3% | -0.3% |
Selling, general and administrative | 5.8 | 3.2 | 3.2 | 3.2 | 3.5 | 4.9 | 3.9 | 5.4 |
General and administrative | 0.8 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.6 | 0.9 |
EBIT | -1.6 | 0.6 | -0.1 | 1.8 | 1.0 | 2.9 | 2.1 | -2.2 |
EBIT margin | -7.0% | 4.0% | -0.9% | 11.0% | 5.1% | 15.5% | 12.5% | -12.2% |
Pre-tax income | -0.5 | 0.4 | -0.4 | 1.5 | 0.6 | 2.2 | 1.4 | -3.7 |
Income taxes | -0.2 | 0.1 | -0.1 | 0.4 | 0.8 | -2.8 | 0.0 | -0.2 |
Tax rate | 35.5% | 24.6% | 17.6% | 27.8% | 147.6% | | | 4.3% |
Net income | -0.3 | 0.3 | -0.3 | 1.1 | -0.3 | 5.1 | 1.4 | -3.6 |
Net margin | -1.6% | 2.1% | -2.1% | 6.6% | -1.4% | 27.4% | 8.1% | -19.7% |
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Diluted EPS | ($0.01) | $0.01 | ($0.01) | $0.04 | ($0.01) | $0.18 | $0.05 | ($0.15) |
Shares outstanding (diluted) | 32.4 | 31.0 | 29.3 | 30.3 | 28.8 | 28.6 | 26.6 | 24.1 |
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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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