Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 39.7 | 33.8 | 36.7 | 34.8 | 33.9 | 32.8 | 37.1 | 41.4 |
Revenue growth | 17.2% | -7.9% | 5.5% | 2.5% | 3.6% | -11.6% | -10.4% | -11.3% |
Cost of goods sold | 31.4 | 26.9 | 29.0 | 28.8 | 31.3 | 31.4 | 34.2 | 34.8 |
Gross profit | 8.3 | 6.9 | 7.7 | 6.0 | 2.6 | 1.3 | 2.8 | 6.5 |
Gross margin | 20.9% | 20.4% | 21.1% | 17.3% | 7.7% | 4.1% | 7.6% | 15.8% |
Selling, general and administrative | 5.2 | 4.9 | 4.7 | 4.6 | 4.7 | 4.7 | 4.7 | 5.0 |
Research and development | 0.1 | 0.1 | 0.0 | 0.0 | | 0.0 | 0.1 | 0.1 |
EBITA | 3.0 | 1.9 | 3.0 | 1.4 | -2.1 | -3.1 | -2.0 | 1.5 |
EBITA margin | 7.5% | 5.8% | 8.3% | 4.0% | -6.1% | -9.4% | -5.4% | 3.6% |
Amortization of intangibles | | | | | | 0.3 | | |
EBIT | 3.0 | 1.9 | 3.0 | 1.4 | -2.1 | -3.4 | -2.0 | 1.5 |
EBIT margin | 7.5% | 5.8% | 8.3% | 4.0% | -6.1% | -10.4% | -5.4% | 3.6% |
Pre-tax income | 3.9 | 1.5 | 2.7 | 1.9 | -2.5 | -3.7 | -2.6 | 1.2 |
Income taxes | 0.7 | -3.5 | 0.1 | 0.1 | 0.1 | 0.1 | 1.2 | 0.2 |
Tax rate | 17.2% | | 2.7% | 4.1% | | | | 17.5% |
Net income | 3.2 | 5.0 | 2.6 | 1.8 | -2.6 | -3.8 | -3.6 | 1.0 |
Net margin | 8.1% | 14.9% | 7.1% | 5.2% | -7.7% | -11.5% | -9.8% | 2.5% |
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Diluted EPS | $0.55 | $0.86 | $0.58 | $0.48 | ($1.29) | ($1.86) | ($1.79) | $0.51 |
Shares outstanding (diluted) | 5.8 | 5.9 | 4.5 | 3.7 | 2.0 | 2.0 | 2.0 | 2.0 |
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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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