Financial Summary (All financials)
In millions, except per share items | Mar-31-23 | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 |
Revenues | 784.6 | 769.6 | 723.5 | 670.9 | 711.0 | 699.4 | 645.0 | 593.8 |
Revenue growth | 1.9% | 6.4% | 7.8% | -5.6% | 1.7% | 8.4% | 8.6% | -2.3% |
Cost of goods sold | 135.4 | 113.9 | 109.4 | 117.1 | 117.0 | 98.2 | 85.2 | 82.7 |
Gross profit | 649.2 | 655.7 | 614.1 | 553.8 | 594.0 | 601.2 | 559.8 | 511.1 |
Gross margin | 82.7% | 85.2% | 84.9% | 82.5% | 83.5% | 86.0% | 86.8% | 86.1% |
Sales and marketing | 340.8 | 341.6 | 331.9 | 335.8 | 370.1 | 410.7 | 383.9 | 349.2 |
Research and development | 141.8 | 153.6 | 133.4 | 110.0 | 92.6 | 91.0 | 79.6 | 69.3 |
General and administrative | 104.2 | 103.0 | 92.2 | 92.1 | 100.9 | 90.7 | 88.9 | 78.8 |
EBITA | 53.0 | 48.0 | 47.6 | 0.1 | 19.7 | -4.6 | -2.2 | 4.0 |
EBITA margin | 6.8% | 6.2% | 6.6% | 0.0% | 2.8% | -0.7% | -0.3% | 0.7% |
Amortization of intangibles | | 0.2 | 5.7 | | | | | |
EBIT | 53.0 | 47.8 | 41.9 | 0.1 | 19.7 | -4.6 | -2.2 | 4.0 |
EBIT margin | 6.8% | 6.2% | 5.8% | 0.0% | 2.8% | -0.7% | -0.3% | 0.7% |
Pre-tax income | -15.4 | 43.4 | -21.2 | -12.5 | 10.4 | -3.5 | -2.0 | 4.0 |
Income taxes | 20.4 | 9.8 | 9.7 | -6.9 | 6.9 | 58.4 | -1.5 | 2.2 |
Tax rate | | 22.6% | | 55.0% | 65.8% | | 74.5% | 56.5% |
Net income | -35.8 | 33.6 | -31.0 | -5.6 | 3.6 | -61.9 | -0.5 | 1.7 |
Net margin | -4.6% | 4.4% | -4.3% | -0.8% | 0.5% | -8.9% | -0.1% | 0.3% |
|
Diluted EPS | ($0.80) | $0.71 | ($0.66) | ($0.12) | $0.07 | ($1.37) | ($0.01) | $0.04 |
Shares outstanding (diluted) | 44.7 | 47.2 | 46.7 | 45.8 | 47.6 | 45.2 | 44.7 | 46.5 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|