Financial Summary (All financials)
In millions, except per share items | Dec-22-21 | Dec-31-20 | Dec-31-19 |
Revenues | 147.4 | 61.3 | 20.6 |
Revenue growth | 140.4% | 197.3% | |
Cost of goods sold | 90.3 | 33.1 | 1.5 |
Gross profit | 57.1 | 28.2 | 19.1 |
Gross margin | 38.7% | 46.1% | 92.9% |
Selling, general and administrative | 37.5 | 24.6 | 10.1 |
EBITA | 19.7 | 3.1 | 1.9 |
EBITA margin | 13.4% | 5.1% | 9.1% |
Amortization of intangibles | 10.5 | 4.2 | 1.7 |
EBIT | 9.2 | -1.1 | 0.2 |
EBIT margin | 6.3% | -1.8% | 0.8% |
Pre-tax income | -19.7 | -8.0 | -4.8 |
Income taxes | -3.2 | 0.0 | 0.0 |
Tax rate | 16.3% | 0.0% | 0.0% |
Net income | -16.5 | -8.0 | -4.8 |
Net margin | -11.2% | -13.0% | -23.1% |
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Diluted EPS | ($2.13) | ($1.52) | ($2.03) |
Shares outstanding (diluted) | 7.7 | 5.2 | 2.4 |
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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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