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 | 184.7 | 140.9 | 108.4 | 117.6 | 116.7 | 241.6 | 220.3 | 192.8 |
Revenue growth | 31.1% | 30.0% | -7.8% | 0.8% | -51.7% | 9.7% | 14.3% | |
Cost of goods sold | 4.2 | 1.3 | 0.1 | 4.4 | 1.4 | 2.6 | 1.8 | 1.8 |
Gross profit | 180.5 | 139.5 | 108.3 | 113.2 | 115.3 | 239.0 | 218.6 | 191.0 |
Gross margin | 97.7% | 99.0% | 99.9% | 96.3% | 98.8% | 98.9% | 99.2% | 99.1% |
General and administrative | 12.7 | 9.6 | 7.3 | 7.8 | 8.7 | 12.0 | 11.6 | 6.3 |
EBIT | 71.2 | 47.2 | 40.1 | 39.3 | 37.9 | 75.7 | 73.8 | 60.7 |
EBIT margin | 38.6% | 33.5% | 37.0% | 33.4% | 32.5% | 31.3% | 33.5% | 31.5% |
Pre-tax income | 98.2 | 30.4 | 24.4 | -7.6 | 15.8 | 52.5 | 55.4 | 0.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
Net income | 98.2 | 30.4 | 24.4 | -7.6 | 15.8 | 52.5 | 55.4 | 44.0 |
Net margin | 53.2% | 21.6% | 22.5% | -6.5% | 13.5% | 21.7% | 25.1% | 22.8% |
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Diluted EPS | $5.35 | $1.67 | $1.34 | ($0.42) | $0.89 | $3.07 | $0.48 | $0.47 |
Shares outstanding (diluted) | 18.3 | 18.2 | 18.2 | 18.1 | 17.7 | 17.1 | 115.0 | 93.4 |
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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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