Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 117.2 | 76.2 | 44.3 | 28.0 | 26.2 | 12.8 | 14.1 | 21.6 |
Revenue growth | 53.8% | 71.9% | 58.1% | 7.1% | 104.2% | -8.9% | -34.9% | -0.6% |
Cost of goods sold | 69.7 | 47.9 | 28.4 | 17.8 | 17.8 | 11.4 | 11.7 | 15.3 |
Gross profit | 47.5 | 28.3 | 15.9 | 10.2 | 8.3 | 1.4 | 2.4 | 6.3 |
Gross margin | 40.6% | 37.2% | 36.0% | 36.4% | 31.9% | 11.2% | 17.1% | 29.3% |
Sales and marketing | 6.2 | 5.0 | 4.0 | 2.9 | 2.1 | 2.3 | 2.4 | 2.4 |
Research and development | 10.0 | 8.8 | 6.9 | 3.2 | 1.7 | 0.8 | 0.7 | 0.8 |
General and administrative | 10.9 | 9.0 | 7.1 | 4.0 | 2.6 | 1.8 | 1.5 | 1.7 |
EBIT | 20.4 | 5.5 | -2.1 | 0.2 | 2.0 | -3.4 | -2.2 | 1.5 |
EBIT margin | 17.4% | 7.2% | -4.7% | 0.6% | 7.6% | -26.5% | -15.3% | 6.9% |
Pre-tax income | 29.9 | 5.6 | -2.3 | -0.2 | 2.3 | -4.9 | -6.5 | 0.2 |
Income taxes | 4.9 | 0.0 | 0.0 | -0.4 | 0.1 | 0.0 | -6.5 | 0.0 |
Tax rate | 16.3% | 0.0% | 0.0% | 173.1% | 4.4% | | 99.4% | 12.2% |
Earnings from continuing ops | 25.1 | 5.6 | -2.0 | 0.4 | 1.7 | -4.9 | 0.0 | 0.2 |
Earnings from discontinued ops | | | | -0.2 | 0.5 | 0.0 | | |
Net income | 25.1 | 5.6 | -2.0 | 0.2 | 2.2 | -4.9 | 0.0 | 0.2 |
Net margin | 21.4% | 7.4% | -4.6% | 0.6% | 8.6% | -38.3% | -0.3% | 1.0% |
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Diluted EPS | $0.50 | $0.13 | ($0.05) | $0.01 | $0.06 | ($0.35) | $0.00 | $0.02 |
Shares outstanding (diluted) | 50.1 | 44.6 | 38.8 | 33.7 | 28.1 | 14.0 | 11.9 | 10.4 |
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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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