SS&C Technologies Holdings Inc (SSNC) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Europe (excluding United Kingdom), Middle East and Africa				145.4	102.1
Asia-Pacific and Japan				145.8	112.7
Americas, Excluding United States and Canada				49.9	45.9
Other				3,080.0	1,414.6
Total revenues [+]	5,051.0	4,667.9	4,632.9	3,421.1	1,675.3	1,481.4	1,000.3	767.9
Licensing							31.5	26.3
Services							670.2	592.5
License and maintenance							246.4	115.6
Technology services							52.2	33.4
Revenue growth [+]	8.2%	0.8%	35.4%	104.2%	13.1%	48.1%	30.3%	7.7%
Europe (excluding United Kingdom), Middle East and Africa				42.4%
Asia-Pacific and Japan				29.4%
Americas, Excluding United States and Canada				8.7%
Cost of goods sold [+]	2,641.7	2,574.1	2,611.7	2,051.1	886.4	800.5	691.3	478.8
Cost of services							373.4	342.6
Cost of licenses/maintenance agreements							113.9	41.4
Cost of technology services							42.0	23.2
Cost of licensing							3.1	3.5
Gross profit	2,409.3	2,093.8	2,021.2	1,370.0	788.9	680.9	309.0	289.0
Gross margin	47.7%	44.9%	43.6%	40.0%	47.1%	46.0%	30.9%	37.6%
Selling, general and administrative [+]	394.1	356.3	353.9	524.9	238.1	239.6	192.8	99.5
Sales and marketing	394.1	356.3	353.9	211.0	118.5	117.1	95.0	48.6
General and administrative				313.9	119.6	122.5	97.8	50.9
Research and development				318.2	153.3	152.7	110.4	57.3
Equity in earnings				2.1
Other operating expenses	975.6	961.7	1,135.6	97.8	0.6		-159.0	-68.1
EBITDA [+]	1,707.0	1,501.1	1,306.9	949.7	634.1	517.3	315.6	300.2
EBITDA growth	13.7%	14.9%	37.6%	49.8%	22.6%	63.9%	5.1%	6.2%
EBITDA margin	33.8%	32.2%	28.2%	27.8%	37.8%	34.9%	31.5%	39.1%
Depreciation	140.9	145.2	142.2	518.5	237.2	228.7	150.8	99.8
EBITA	1,566.1	1,355.9	1,164.7	431.2	396.9	288.6	164.7	200.4
EBITA margin	31.0%	29.0%	25.1%	12.6%	23.7%	19.5%	16.5%	26.1%
Amortization of intangibles	526.5	580.1	633.0
EBIT [+]	1,039.6	775.8	531.7	431.2	396.9	288.6	164.7	200.4
EBIT growth	34.0%	45.9%	23.3%	8.6%	37.5%	75.2%	-17.8%	9.5%
EBIT margin	20.6%	16.6%	11.5%	12.6%	23.7%	19.5%	16.5%	26.1%
Interest expense, net [+]				271.0	107.4	128.4	77.4	25.5
Interest expense	205.7	249.9	409.6	280.1	108.6	129.9	79.3	27.2
Interest income				9.1	1.2	1.5	2.0	1.7
Other income (expense), net [+]	203.1	249.9	409.6	-35.1	-6.8	3.4	-26.5	2.8
Gain (loss) on debt retirement				-43.3	-2.3		-30.4
Other				8.2	-4.5	3.4	3.9	2.8
Pre-tax income	1,037.0	775.8	531.7	125.1	282.7	163.6	60.8	177.7
Income taxes	236.4	150.6	93.2	21.9	-46.2	32.6	18.0	46.5
Tax rate	22.8%	19.4%	17.5%	17.5%		19.9%	29.6%	26.2%
Net income	800.0	625.2	438.5	103.2	328.9	131.0	42.9	131.1
Net margin	15.8%	13.4%	9.5%	3.0%	19.6%	8.8%	4.3%	17.1%

Basic EPS [+]	$3.13	$2.44	$1.73	$0.44	$1.61	$0.65	$0.24	$0.79
Growth	28.4%	40.6%	290.6%	-72.3%	145.4%	178.0%	-70.1%	-45.8%
Diluted EPS [+]	$2.99	$2.35	$1.66	$0.42	$1.55	$0.64	$0.22	$0.75
Growth	27.6%	41.3%	291.9%	-72.8%	144.2%	183.5%	-70.1%	-45.5%

Dividends per share [+]	$0.68	$0.53	$0.43	$0.30	$0.27	$0.25	$0.25	$0.06
Growth	28.3%	24.7%	41.7%	13.2%	6.0%	0.0%	300.0%

Shares outstanding (basic) [+]	255.6	256.4	252.9	232.5	204.9	200.3	182.2	166.6
Growth	-0.3%	1.4%	8.8%	13.5%	2.3%	9.9%	9.3%	105.2%
Shares outstanding (diluted) [+]	267.3	266.6	264.2	243.7	211.6	205.8	190.9	174.7
Growth	0.3%	0.9%	8.4%	15.2%	2.8%	7.8%	9.3%	104.0%

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