Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
| Revenues | 282.7 | 249.4 | 206.0 | 203.4 | 185.1 |
| Revenue growth | 13.4% | 21.0% | 1.3% | 9.9% | |
| Cost of goods sold | 138.8 | 119.2 | 102.1 | 101.6 | 114.4 |
| Gross profit | 144.0 | 130.1 | 103.9 | 101.8 | 70.7 |
| Gross margin | 50.9% | 52.2% | 50.4% | 50.1% | 38.2% |
| Selling, general and administrative | 87.0 | 77.5 | 63.0 | 69.9 | 64.4 |
| EBITA | 51.8 | 48.1 | 37.0 | 29.1 | 6.3 |
| EBITA margin | 18.3% | 19.3% | 18.0% | 14.3% | 3.4% |
| Amortization of intangibles | 26.6 | 25.5 | 20.7 | 19.7 | |
| EBIT | 25.2 | 22.6 | 16.3 | 9.4 | 6.3 |
| EBIT margin | 8.9% | 9.1% | 7.9% | 4.6% | 3.4% |
| Pre-tax income | 13.6 | 0.4 | -0.1 | -11.4 | -7.2 |
| Income taxes | 5.3 | 1.3 | 0.4 | -2.4 | -3.9 |
| Tax rate | 39.2% | 281.8% | | 21.1% | 53.9% |
| Net income | 8.3 | -0.8 | -0.5 | -9.0 | -3.2 |
| Net margin | 2.9% | -0.3% | -0.3% | -4.4% | -1.7% |
| |
| Diluted EPS | $0.07 | ($0.01) | ($0.01) | ($0.17) | ($0.06) |
| Shares outstanding (diluted) | 126.9 | 126.4 | 66.3 | 54.5 | 52.8 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|