Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 98.9 | 77.8 |
Revenue growth | 27.1% | |
Cost of goods sold | 47.5 | 38.0 |
Gross profit | 51.4 | 39.8 |
Gross margin | 52.0% | 51.1% |
General and administrative | 3.7 | 2.3 |
EBIT | 47.8 | 37.4 |
EBIT margin | 48.3% | 48.1% |
Pre-tax income | 36.4 | 27.6 |
Income taxes | 6.3 | 6.1 |
Tax rate | 17.4% | 21.9% |
Net income | 30.1 | 21.6 |
Net margin | 30.4% | 27.7% |
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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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