Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
| Revenues | 442.4 | 412.8 | 328.8 |
| Revenue growth | 7.2% | 25.6% | |
| Cost of goods sold | 45.3 | 32.6 | 24.7 |
| Gross profit | 397.2 | 380.2 | 304.1 |
| Gross margin | 89.8% | 92.1% | 92.5% |
| Sales and marketing | 55.9 | 51.4 | 33.3 |
| General and administrative | 171.8 | 136.6 | 83.2 |
| EBITA | -97.2 | -55.5 | 0.6 |
| EBITA margin | -22.0% | -13.5% | 0.2% |
| Amortization of intangibles | 42.1 | 29.9 | 21.9 |
| EBIT | -139.3 | -85.4 | -21.3 |
| EBIT margin | -31.5% | -20.7% | -6.5% |
| Pre-tax income | -119.7 | -87.2 | -58.1 |
| Income taxes | -0.2 | -2.0 | -1.6 |
| Tax rate | 0.2% | 2.3% | 2.7% |
| Net income | -118.7 | -85.0 | -60.0 |
| Net margin | -26.8% | -20.6% | -18.3% |
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| Diluted EPS | ($0.34) | ($0.30) | ($0.28) |
| Shares outstanding (diluted) | 348.1 | 281.0 | 215.1 |
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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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