Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 50.9 | 34.8 | |
Revenue growth | 46.0% | | |
Cost of goods sold | 59.1 | 32.0 | |
Gross profit | -8.2 | 2.8 | |
Gross margin | -16.2% | 8.1% | |
Sales and marketing | 52.0 | 12.9 | |
EBIT | -164.4 | -61.6 | |
EBIT margin | -323.3% | -176.7% | |
Pre-tax income | -153.3 | -57.6 | |
Income taxes | 0.1 | 0.0 | |
Net income | -153.4 | -57.6 | |
Net margin | -301.6% | -165.5% | |
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Diluted EPS | ($1.33) | ($2.76) | |
Shares outstanding (diluted) | 115.3 | 20.9 | |
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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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