Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 263.7 | 200.2 | 114.9 |
Revenue growth | 31.7% | 74.3% | |
Cost of goods sold | 68.8 | 47.3 | 25.8 |
Gross profit | 194.8 | 152.9 | 89.0 |
Gross margin | 73.9% | 76.4% | 77.5% |
Sales and marketing | 52.5 | 18.6 | 11.3 |
General and administrative | 42.8 | 24.0 | 15.3 |
EBIT | 57.3 | 77.5 | 33.0 |
EBIT margin | 21.7% | 38.7% | 28.7% |
Pre-tax income | 90.1 | 77.5 | 33.0 |
Income taxes | 0.3 | 0.0 | 0.0 |
Tax rate | 0.3% | 0.0% | 0.0% |
Net income | 25.6 | 77.5 | 33.0 |
Net margin | 9.7% | 38.7% | 28.7% |
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Diluted EPS | $0.30 | | |
Shares outstanding (diluted) | 84.5 | | |
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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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