Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 |
Revenues | 30.5 | 23.9 | 6.3 |
Revenue growth | 27.5% | 280.0% | |
Cost of goods sold | 0.0 | 0.0 | 0.4 |
Gross profit | 30.5 | 23.9 | 5.8 |
Gross margin | 100.0% | 100.0% | 92.9% |
General and administrative | 2.4 | 2.1 | 2.1 |
EBIT | 27.0 | 20.3 | 2.3 |
EBIT margin | 88.5% | 85.0% | 36.3% |
Pre-tax income | 8.9 | 4.8 | -1.6 |
Income taxes | 0.1 | 0.0 | 0.0 |
Tax rate | 0.8% | 0.0% | 0.0% |
Net income | 8.9 | 4.8 | -1.6 |
Net margin | 29.0% | 20.3% | -25.6% |
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Diluted EPS | $1.08 | $0.78 | ($0.51) |
Shares outstanding (diluted) | 8.2 | 6.2 | 3.1 |
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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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