Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 2.9 | 0.9 |
Revenue growth | 221.9% | |
Cost of goods sold | 13.6 | 2.9 |
Gross profit | -10.8 | -2.0 |
Gross margin | -377.9% | -227.2% |
Selling, general and administrative | 28.6 | 6.5 |
EBITA | -37.0 | -8.5 |
EBITA margin | -1295.3% | -956.3% |
Amortization of intangibles | 1.9 | |
EBIT | -38.8 | -8.5 |
EBIT margin | -1360.2% | -956.3% |
Pre-tax income | -41.3 | -8.7 |
Income taxes | -1.3 | 0.0 |
Tax rate | 3.2% | 0.0% |
Net income | -40.1 | -8.7 |
Net margin | -1403.0% | -976.0% |
|
Diluted EPS | ($2.52) | ($0.84) |
Shares outstanding (diluted) | 15.9 | 10.3 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|