Financial Summary (All financials)
In millions, except per share items | Jun-30-23 | Jun-30-22 | Jun-30-21 | Jun-30-20 | Jun-30-19 | Jun-30-18 | Jun-30-17 | Jun-30-16 |
Revenues | 1,174.6 | 852.7 | 635.6 | 561.3 | 467.6 | 377.5 | 300.0 | 230.7 |
Revenue growth | 37.8% | 34.1% | 13.2% | 20.0% | 23.9% | 25.8% | 30.0% | 51.1% |
Cost of goods sold | 367.0 | 287.0 | 219.3 | 182.0 | 153.9 | 149.2 | 124.0 | 98.1 |
Gross profit | 807.6 | 565.6 | 416.3 | 379.3 | 313.8 | 228.3 | 176.0 | 132.6 |
Gross margin | 68.8% | 66.3% | 65.5% | 67.6% | 67.1% | 60.5% | 58.7% | 57.5% |
Sales and marketing | 296.7 | 214.5 | 161.8 | 145.1 | 112.6 | 95.5 | 77.5 | 61.8 |
Research and development | 164.0 | 102.9 | 76.7 | 62.8 | 50.3 | 37.6 | 29.1 | 26.7 |
General and administrative | 191.8 | 163.7 | 119.8 | 105.2 | 94.6 | 79.3 | 62.1 | 47.6 |
EBITA | 166.0 | 93.3 | 61.9 | 68.7 | 58.5 | 17.6 | 8.8 | -2.0 |
EBITA margin | 14.1% | 10.9% | 9.7% | 12.2% | 12.5% | 4.7% | 2.9% | -0.9% |
Amortization of intangibles | 10.9 | 8.8 | 3.8 | 2.5 | 2.3 | 1.7 | 1.5 | 1.5 |
EBIT | 155.0 | 84.6 | 58.0 | 66.2 | 56.2 | 15.9 | 7.3 | -3.6 |
EBIT margin | 13.2% | 9.9% | 9.1% | 11.8% | 12.0% | 4.2% | 2.4% | -1.5% |
Pre-tax income | 158.6 | 83.6 | 57.1 | 67.1 | 58.0 | 16.8 | 7.4 | -3.7 |
Income taxes | 17.8 | -7.2 | -13.7 | 2.7 | 4.2 | -21.8 | 0.7 | 0.2 |
Tax rate | 11.2% | | | 4.0% | 7.3% | | 8.8% | |
Net income | 140.8 | 90.8 | 70.8 | 64.5 | 53.8 | 38.6 | 6.7 | -3.9 |
Net margin | 12.0% | 10.6% | 11.1% | 11.5% | 11.5% | 10.2% | 2.2% | -1.7% |
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Diluted EPS | $2.49 | $1.61 | $1.26 | $1.15 | $0.97 | $0.70 | $0.12 | ($0.08) |
Shares outstanding (diluted) | 56.6 | 56.4 | 56.3 | 55.8 | 55.4 | 54.9 | 54.1 | 50.9 |
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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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