Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Jun-30-18 | Dec-31-17 | Jun-30-17 | Dec-31-16 |
Revenues | 158.9 | 138.6 | 141.2 | 124.2 | 64.8 | 111.0 | 55.4 | 101.6 |
Revenue growth | 14.7% | -1.9% | 13.7% | 11.8% | 17.0% | 9.3% | | 19.2% |
Cost of goods sold | 60.9 | 58.9 | 57.4 | 49.2 | 24.6 | 40.3 | 18.7 | 37.8 |
Gross profit | 98.0 | 79.6 | 83.8 | 75.0 | 40.2 | 70.7 | 36.7 | 63.8 |
Gross margin | 61.7% | 57.5% | 59.4% | 60.4% | 62.1% | 63.7% | 66.2% | 62.8% |
Selling, general and administrative | | | | | 2.8 | | 4.0 | |
General and administrative | 8.0 | 8.1 | 6.1 | 3.9 | | 4.5 | | 4.8 |
EBITA | 66.7 | 50.0 | 56.2 | 48.6 | 37.5 | 50.2 | 32.7 | 44.2 |
EBITA margin | 42.0% | 36.1% | 39.8% | 39.2% | 57.8% | 45.2% | 59.0% | 43.5% |
Amortization of intangibles | 3.0 | 3.8 | 2.7 | 1.9 | | 1.4 | | 1.6 |
EBIT | 63.7 | 46.3 | 53.4 | 46.7 | 37.5 | 48.8 | 32.7 | 42.6 |
EBIT margin | 40.1% | 33.4% | 37.8% | 37.6% | 57.8% | 44.0% | 59.0% | 42.0% |
Pre-tax income | 65.9 | 49.1 | 56.3 | 48.7 | 12.9 | 50.3 | 22.5 | 44.0 |
Income taxes | 18.2 | 13.8 | 15.9 | 13.3 | 3.2 | 26.5 | 8.5 | 16.6 |
Tax rate | 27.6% | 28.1% | 28.1% | 27.4% | 24.8% | 52.6% | 37.8% | 37.7% |
Net income | 47.7 | 35.3 | 40.5 | 35.3 | 0.0 | 23.8 | 0.0 | 24.6 |
Net margin | 30.0% | 25.5% | 28.7% | 28.5% | 0.0% | 21.5% | 0.0% | 24.2% |
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Diluted EPS | $0.79 | $0.59 | $0.84 | $0.84 | $0.00 | $0.62 | $0.00 | $0.72 |
Shares outstanding (diluted) | 60.7 | 60.2 | 47.9 | 42.2 | 40.7 | 38.6 | 38.5 | 34.2 |
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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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