In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| 20-F | 20-F | 20-F |
Revenues: |
EMEA | 97.3 | 49.7 | 24.8 |
Rest of the world | 62.6 | 33.4 | 16.8 |
United States | 148.3 | 77.9 | 36.4 |
Total revenues | 308.2 | 161.1 | 78.1 |
Revenue growth [+] | 91.3% | 106.3% | |
EMEA | 95.6% | 100.5% | |
Rest of the world | 87.1% | 98.6% | |
United States | 90.3% | 113.9% | |
Cost of goods sold | 39.0 | 22.5 | 12.0 |
Gross profit | 269.1 | 138.6 | 66.1 |
Gross margin | 87.3% | 86.0% | 84.7% |
Selling, general and administrative [+] | 321.6 | 245.7 | 134.0 |
Sales and marketing | 268.1 | 191.4 | 118.5 |
General and administrative | 53.5 | 54.3 | 15.5 |
Research and development | 73.7 | 43.5 | 24.6 |
EBITDA [+] | -123.4 | -148.6 | -91.9 |
EBITDA growth | -17.0% | 61.7% | |
EBITDA margin | -40.0% | -92.3% | -117.7% |
Depreciation and amortization | 2.7 | 1.9 | 0.6 |
EBIT [+] | -126.1 | -150.5 | -92.5 |
EBIT growth | -16.2% | 62.7% | |
EBIT margin | -40.9% | -93.4% | -118.5% |
Other income (expense), net [+] | -0.8 | 0.5 | 1.6 |
Other non-operating income | 0.9 | 1.5 | 2.4 |
Other non-ooperating expenses | -1.7 | -1.0 | -0.8 |
Pre-tax income | -127.0 | -150.0 | -90.9 |
Income taxes | 2.3 | 2.2 | 0.7 |
Net income | -129.3 | -152.2 | -91.6 |
Net margin | -42.0% | -94.5% | -117.3% |
|
Basic EPS [+] | ($4.26) | ($12.63) | ($8.07) |
Growth | -66.3% | 56.5% | |
Diluted EPS [+] | ($4.26) | ($12.63) | ($8.07) |
Growth | -66.3% | 56.5% | |
|
Shares outstanding (basic) [+] | 30.3 | 12.0 | 11.3 |
Growth | 151.7% | 6.2% | |
Shares outstanding (diluted) [+] | 30.3 | 12.0 | 11.3 |
Growth | 151.7% | 6.2% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |