Franchise Group, Inc. (TAXA) [Rocket]

In millions, except per share items	Dec-31-22	Dec-25-21	Dec-26-20	Apr-30-19	Apr-30-18	Apr-30-17	Apr-30-16	Apr-30-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K/A	10-K
Revenues:
Pet Supplies Plus	1,219.3	872.9
Liberty Tax				132.5
Buddy's	25.1	64.4	27.3
Other	3,153.5	2,317.9	2,002.4
Total revenues [+]	4,397.8	3,255.2	2,029.7	132.5	174.9	174.0	173.4	162.2
Services							15.8	9.9
Net interest income					9.9	13.0	13.6	14.7
Revenue growth [+]	35.1%	60.4%		-24.2%	0.5%	0.3%	6.9%	1.6%
Pet Supplies Plus	39.7%
Buddy's	-61.0%	135.7%
Vitamin Shoppe	2.9%	13.2%
Cost of goods sold [+]	3,140.0	2,415.7	1,536.6	0.0	50.0	44.6	42.9	41.1
Labor costs	606.7	494.9	376.5
Gross profit	1,257.8	839.5	493.1	132.5	124.9	129.4	130.5	121.1
Gross margin	28.6%	25.8%	24.3%	100.0%	71.4%	74.4%	75.3%	74.7%
Selling, general and administrative [+]	1,573.3	1,108.1	817.1	124.1	81.3	69.2	60.3	58.9
Sales and marketing					12.3	11.1	16.4	18.3
General and administrative	1,573.3	1,108.1	817.1	124.1	69.0	58.2	43.9	40.6
Other operating expenses	-606.7	-494.9	-376.5	9.3	31.0	36.8	37.7	46.8
Adjusted EBITDA	391.7	312.8	124.5	14.2
Adjusted EBITDA margin	8.9%	9.6%	6.1%	10.7%
Stock-based compensation	15.1	13.7	9.5	1.0
EBITDA [+]	376.6	299.1	115.1	13.2	24.0	31.6	39.4	23.9
EBITDA growth	25.9%	160.0%		-44.9%	-24.1%	-19.6%	64.7%	-44.0%
EBITDA margin	8.6%	9.2%	5.7%	10.0%	13.7%	18.2%	22.7%	14.7%
Depreciation	73.6	64.1	57.9	8.9	5.8	4.2	4.6	4.9
EBITA	303.0	235.1	57.1	4.3	18.3	27.4	34.8	19.0
EBITA margin	6.9%	7.2%	2.8%	3.3%	10.4%	15.8%	20.1%	11.7%
Amortization of intangibles	11.8	8.7	4.6	5.2	5.7	4.1	2.3	3.6
EBIT [+]	291.2	226.4	52.5	-0.9	12.6	23.3	32.5	15.4
EBIT growth	28.7%	331.1%		-106.8%	-46.2%	-28.2%	111.1%	-55.8%
EBIT margin	6.6%	7.0%	2.6%	-0.6%	7.2%	13.4%	18.7%	9.5%
Non-recurring items [+]	70.0				5.0
Asset impairment	70.0
Interest expense	340.0	133.1	96.8	3.0	3.2	2.6	2.0	1.9
Interest expense	340.0	133.1	96.8	3.0	3.2	2.6	2.0	1.9
Other income (expense), net [+]	41.4	65.2	-5.3	-0.1	0.1	0.0	0.0	0.0
Gain (loss) on foreign currency transactions				-0.1	0.1	0.0	0.0	0.0
Pre-tax income	-77.4	158.4	-49.6	-4.0	4.5	20.8	30.5	13.5
Income taxes	-8.8	-33.5	-60.5	-1.8	4.3	7.8	11.1	4.8
Tax rate	11.4%		122.1%	46.0%	97.0%	37.3%	36.3%	35.6%
Minority interest			2.1	-2.2
Earnings from continuing ops	-68.6	192.0	8.9	-2.2	0.1	12.1	18.0	8.1
Earnings from discontinued ops		171.8	16.2
Net income	-68.6	363.8	25.1	-2.2	0.1	12.1	18.0	8.1
Net margin	-1.6%	11.2%	1.2%	-1.6%	0.1%	6.9%	10.4%	5.0%

Basic EPS [+]	($1.74)	$4.78	$0.26	($0.16)	$0.01	$0.94	$1.41	$0.63
Growth	-136.5%	1762.4%		-1715.8%	-99.0%	-33.4%	122.3%	-59.7%
Diluted EPS [+]	($1.74)	$4.69	$0.25	($0.16)	$0.01	$0.87	$1.28	$0.56
Growth	-137.2%	1751.0%		-1846.9%	-99.0%	-32.4%	127.9%	-59.9%

Dividends per share [+]	$2.50	$1.75	$1.13	$13,800,884.00	$640.00	$640.00	$640.00	$160.00
Growth	42.9%	55.6%		2156288.1%	0.0%	0.0%	300.0%

Shares outstanding (basic) [+]	39.3	40.2	34.5	13.8	12.9	12.9	12.8	12.7
Growth	-2.2%	16.4%		6.7%	0.3%	0.6%	0.6%	-1.9%
Shares outstanding (diluted) [+]	39.3	41.0	35.0	13.8	14.0	13.9	14.0	14.3
Growth	-4.0%	17.1%		-1.3%	0.4%	-0.8%	-1.9%	-1.7%

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