Financial Summary (All financials)
| In millions of EUR, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| Revenues | 535.0 | 361.5 | 248.9 | 838.6 | 914.8 | 1,035.4 | 754.2 | 493.1 |
| Revenue growth | 48.0% | 45.2% | -70.3% | -8.3% | -11.6% | 37.3% | 52.9% | 59.4% |
| Cost of goods sold | 12.7 | 11.5 | 10.1 | 9.2 | 5.4 | 5.9 | 4.3 | 34.6 |
| Gross profit | 522.3 | 350.0 | 238.8 | 829.5 | 909.4 | 1,029.5 | 749.9 | 458.5 |
| Gross margin | 97.6% | 96.8% | 95.9% | 98.9% | 99.4% | 99.4% | 99.4% | 93.0% |
| Sales and marketing | 366.7 | 274.8 | 206.5 | 711.6 | 878.8 | 1,009.2 | 723.0 | 461.2 |
| Research and development | | | | | | | 51.7 | 28.7 |
| General and administrative | 60.9 | 38.2 | 40.9 | 55.5 | 54.3 | 47.4 | 55.6 | 18.1 |
| EBITA | 64.1 | 10.2 | -45.4 | 40.3 | -17.4 | -15.1 | -30.6 | -17.8 |
| EBITA margin | 12.0% | 2.8% | -18.2% | 4.8% | -1.9% | -1.5% | -4.1% | -3.6% |
| Amortization of intangibles | 0.1 | 0.1 | 0.4 | 1.7 | 1.7 | 3.2 | 13.9 | 30.0 |
| EBIT | 64.0 | 10.1 | -45.8 | 38.6 | -19.1 | -18.4 | -44.4 | -47.9 |
| EBIT margin | 12.0% | 2.8% | -18.4% | 4.6% | -2.1% | -1.8% | -5.9% | -9.7% |
| Pre-tax income | -120.2 | 23.3 | -253.1 | 37.7 | -20.5 | -17.8 | -44.7 | -50.7 |
| Income taxes | 6.6 | 12.6 | -8.5 | 21.0 | 1.1 | -4.8 | 6.7 | -11.3 |
| Tax rate | | 54.0% | 3.4% | 55.7% | | 26.7% | | 22.3% |
| Net income | -127.2 | 10.7 | -245.4 | 17.2 | -21.5 | -12.5 | -50.7 | -39.1 |
| Net margin | -23.8% | 3.0% | -98.6% | 2.0% | -2.3% | -1.2% | -6.7% | -7.9% |
| |
| Diluted EPS | ($0.36) | $0.03 | ($0.69) | $0.05 | ($0.06) | ($0.05) | ($0.21) | |
| Shares outstanding (diluted) | 357.6 | 367.2 | 353.3 | 356.7 | 350.9 | 274.7 | 237.8 | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|