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Financial statements

USDFY, 2016FY, 2017FY, 2018FY, 2019
Revenue192.9M181.2M156.5M143.4M
Revenue growth, %26.0%-6.1%-13.6%
Cost of goods sold69.1M59.8M64.6M52.3M
Gross profit123.8M121.3M91.9M91.1M
Gross profit margin, %64.2%67.0%58.7%63.5%
General and administrative expense41.0M35.3M43.5M36.0M
Operating expense total218.9M163.1M160.1M133.6M
EBIT(95.1M)(41.8M)(68.2M)(42.5M)
EBIT margin, %-49.3%-23.1%-43.6%-29.7%
Interest income228.0K83.0K10.0K6.0K
Interest expense15.8M22.1M27.7M
Pre tax profit(154.2M)(66.9M)(79.4M)(69.5M)
Income tax expense498.0K(459.0K)284.0K(4.7M)
Net Income(154.7M)(66.4M)(79.7M)(64.8M)

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