Financial Summary (All financials)
In millions, except per share items | Dec-31-17 | Dec-31-16 |
Revenues | 265.7 | 124.9 |
Revenue growth | 112.8% | |
Cost of goods sold | 171.8 | 102.1 |
Gross profit | 93.9 | 22.8 |
Gross margin | 35.3% | 18.2% |
Selling, general and administrative | 32.8 | 9.6 |
EBIT | 59.2 | 11.6 |
EBIT margin | 22.3% | 9.3% |
Pre-tax income | 43.9 | 4.5 |
Income taxes | 0.4 | 0.1 |
Tax rate | 0.9% | 3.0% |
Net income | 43.5 | 4.4 |
Net margin | 16.4% | 3.5% |
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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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