Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-19 |
| Revenues | 195.0 | 145.8 | 108.7 |
| Revenue growth | 33.7% | | |
| Cost of goods sold | 51.3 | 37.4 | 98.6 |
| Gross profit | 143.7 | 108.5 | 10.1 |
| Gross margin | 73.7% | 74.4% | 9.3% |
| Selling, general and administrative | 75.3 | 30.6 | 0.0 |
| Research and development | 17.9 | 10.9 | |
| EBITA | 48.2 | 65.8 | 36.5 |
| EBITA margin | 24.7% | 45.1% | 33.6% |
| Amortization of intangibles | 35.2 | 42.0 | 26.3 |
| EBIT | 13.0 | 23.7 | 10.2 |
| EBIT margin | 6.7% | 16.3% | 9.4% |
| Pre-tax income | 0.0 | 6.3 | 10.1 |
| Income taxes | -0.9 | 1.2 | 2.4 |
| Tax rate | 12271.4% | 19.6% | 24.1% |
| Net income | 0.9 | 5.1 | 7.7 |
| Net margin | 0.4% | 3.5% | 7.1% |
| |
| Diluted EPS | $0.01 | $0.03 | $0.08 |
| Shares outstanding (diluted) | 159.2 | 152.9 | 100.5 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|