Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 26.8 | 26.7 | 40.0 | 38.3 | 39.3 | 39.8 | 12.6 | |
Revenue growth | 0.1% | -33.2% | 4.6% | -2.6% | -1.2% | 216.3% | | |
Cost of goods sold | 13.9 | 12.8 | 12.9 | 11.8 | 10.7 | 9.8 | 0.0 | |
Gross profit | 12.8 | 14.0 | 27.1 | 26.4 | 28.6 | 29.9 | 12.6 | |
Gross margin | 47.9% | 52.2% | 67.7% | 69.1% | 72.7% | 75.3% | 100.0% | |
Sales and marketing | 0.4 | 0.5 | 0.5 | 0.4 | 0.3 | 0.3 | 0.5 | |
General and administrative | 1.4 | 1.3 | 1.2 | 1.0 | 0.9 | 0.9 | 0.5 | |
EBITA | -15.7 | -25.4 | -34.3 | -16.4 | -15.9 | -29.5 | 13.1 | |
EBITA margin | -58.5% | -95.0% | -85.7% | -42.8% | -40.6% | -74.2% | 103.8% | |
Amortization of intangibles | | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
EBIT | -15.7 | -25.4 | -34.3 | -16.4 | -16.0 | -29.5 | 13.0 | |
EBIT margin | -58.5% | -95.0% | -85.7% | -42.9% | -40.7% | -74.3% | 103.6% | |
Pre-tax income | 1.0 | -8.5 | -15.1 | 2.5 | 2.3 | 2.8 | -0.9 | |
Income taxes | 0.0 | 0.4 | 0.1 | 0.9 | 0.8 | 0.8 | -0.6 | |
Tax rate | | | | 34.1% | 36.4% | 29.1% | 64.5% | |
Net income | 1.0 | -8.8 | -15.2 | 1.6 | 1.5 | 2.0 | -0.3 | |
Net margin | 3.7% | -33.1% | -38.1% | 4.3% | 3.7% | 5.0% | -2.5% | |
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Diluted EPS | $0.15 | ($1.33) | ($2.31) | $0.24 | $0.21 | $0.29 | ($0.05) | |
Shares outstanding (diluted) | 6.7 | 6.6 | 6.6 | 6.7 | 6.8 | 6.9 | 6.2 | |
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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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