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 |
| Revenues | 1,255.8 | 3,724.7 | 4,312.2 | 1,337.1 | 1,114.4 | 1,273.0 |
| Revenue growth | -66.3% | -13.6% | 222.5% | 20.0% | -12.5% | |
| Cost of goods sold | 0.0 | 1,968.2 | 1,570.6 | 802.5 | 0.0 | 0.0 |
| Gross profit | 1,255.8 | 1,756.5 | 2,741.5 | 534.7 | 1,114.4 | 1,273.0 |
| Gross margin | 100.0% | 47.2% | 63.6% | 40.0% | 100.0% | 100.0% |
| Selling, general and administrative | 301.0 | | | | 134.2 | 126.9 |
| Sales and marketing | | 467.6 | 264.3 | 187.9 | | |
| General and administrative | 265.7 | 215.0 | 171.7 | 100.5 | 95.9 | 95.2 |
| EBITA | 954.8 | 667.0 | 2,015.9 | 33.3 | 943.9 | 13.1 |
| EBITA margin | 76.0% | 17.9% | 46.7% | 2.5% | 84.7% | 1.0% |
| Amortization of intangibles | | 0.5 | 0.5 | 0.6 | | |
| EBIT | 954.8 | 666.5 | 2,015.4 | 32.7 | 943.9 | 13.1 |
| EBIT margin | 76.0% | 17.9% | 46.7% | 2.4% | 84.7% | 1.0% |
| Pre-tax income | -690.0 | 666.5 | 2,015.4 | 32.7 | -103.3 | 29.8 |
| Income taxes | -79.6 | 43.4 | 2.2 | -1.7 | -0.5 | 1.4 |
| Tax rate | 11.5% | 6.5% | 0.1% | | 0.5% | 4.8% |
| Net income | -273.0 | 113.5 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net margin | -21.7% | 3.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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| Diluted EPS | ($1.75) | $0.87 | | | | |
| Shares outstanding (diluted) | 156.0 | 130.0 | | | | |
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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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