SandRidge Permian Trust (PERS) [Rocket]

In millions, except per share items	Dec-31-20	Dec-31-19	Dec-31-18	Dec-05-18	Dec-31-17	Dec-05-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues	8.4	21.7	28.3	28.3	28.3	28.3	28.5	43.0
Revenue growth	-61.2%	-23.4%	-0.1%	-0.1%	-0.8%		-33.7%	-62.1%
Cost of goods sold	0.4	1.0	1.3	1.3	0.0	1.4	0.0	0.0
Gross profit	8.0	20.6	26.9	26.9	28.3	26.9	28.5	43.0
Gross margin	95.3%	95.3%	95.2%	95.2%	100.0%	95.2%	100.0%	100.0%
Selling, general and administrative [+]	1.3	1.7	1.6	1.6	1.5	1.5	1.0	2.3
General and administrative	1.3	1.7	1.6	1.6	1.5	1.5	1.0	2.3
EBITDA [+]	6.7	19.0	25.4
EBITA	6.7	19.0	25.4	25.4	26.8	25.5	27.6	40.7
EBITA margin	79.8%	87.6%	89.7%	89.7%	94.8%	90.0%	96.6%	94.6%
Amortization of intangibles	4.0	10.4	11.0
EBIT [+]	2.7	8.6	14.3	25.4	26.8	25.5	27.6	40.7
EBIT growth	-68.4%	-40.3%	-46.5%	-0.4%	-2.6%		-32.3%	-61.5%
EBIT margin	32.2%	39.5%	50.7%	89.7%	94.8%	90.0%	96.6%	94.6%
Other income (expense), net	0.0	-0.1	0.0	-11.1	-14.9	-13.6	-18.9	-242.4
Pre-tax income	2.7	8.5	14.3	14.3	11.9	11.9	8.7	-201.7
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.1
Tax rate	0.5%	0.4%	0.3%	0.3%	0.4%	0.4%	0.9%
Net income	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Basic EPS
Diluted EPS

Shares outstanding (basic)
Shares outstanding (diluted)

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