Domtar CORP (UFS) [Rocket]

In millions, except per share items	Jun-30-23	Jun-30-22	Mar-31-22	Sep-30-21	Jun-30-21	Mar-31-21	Dec-31-20	Sep-30-20
	10-Q	10-Q	10-Q	10-Q	10-Q	10-Q	10-K	10-Q
Total revenues				3,501	3,369	3,255	3,415	2,875
Revenue growth				21.8%	3.4%	-13.8%	-17.1%	-35.8%
Cost of goods sold				3,549	3,483	3,457	3,604	2,588
Gross profit				-48	-114	-202	-189	287
Gross margin				-1.4%	-3.4%	-6.2%	-5.5%	10.0%
Selling, general and administrative [+]				394	390	384	386	226
Sales and marketing								193
Equity in earnings							0	-1
Other operating expenses				-524	-514	-525	-521
EBITDA [+]				91	35	-24	-16	259
EBITDA growth				-64.9%	-88.5%	-106.5%	-103.2%	-62.6%
EBITDA margin				2.6%	1.0%	-0.7%	-0.5%	9.0%
Depreciation and amortization				164	182	200	208	288
EBIT [+]				-73	-147	-224	-224	-29
EBIT growth				151.7%	-1018.8%	-394.7%	-208.7%	-107.3%
EBIT margin				-2.1%	-4.4%	-6.9%	-6.6%	-1.0%
Non-recurring items [+]				-139	34	9	0	153
Asset impairment				8	118	117		85
Interest expense				85	92	87	86	57
Interest expense				85	92	87	86	57
Other income (expense), net				90	86	85	82	-16
Pre-tax income				71	-187	-235	-228	-255
Income taxes				10	-64	-86	-80	-77
Tax rate				14.1%	34.2%	36.6%	35.1%	30.2%
Earnings from continuing ops				60	-125	-151	-151	-181
Earnings from discontinued ops							-42	19
Net income				23	-143	-161	-127	-102
Net margin				0.7%	-4.2%	-4.9%	-3.7%	-3.5%

Basic EPS [+]				$1.15	($2.33)	($2.75)	($2.72)	($3.18)
Growth				-136.0%	172.9%	474.1%	-356.4%	-198.1%
Diluted EPS [+]				$1.14	($2.33)	($2.75)	($2.72)	($3.17)
Growth				-136.0%	173.3%	475.7%	-357.1%	-198.2%

Dividends per share [+]							$0.92
Growth		-100.0%	-100.0%	5.8%	-31.1%	-66.2%	-31.3%	-48.0%

Shares outstanding (basic) [+]				52	54	55	55	57
Growth				-7.9%	-8.4%	-9.3%	-10.8%	-9.1%
Shares outstanding (diluted) [+]				53	54	55	56	57
Growth				-7.9%	-8.5%	-9.6%	-11.0%	-9.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.