Mimecast Ltd (MIME) [Rocket]

In millions, except per share items	Mar-31-21	Mar-31-20	Mar-31-19	Mar-31-18	Mar-31-17	Mar-31-16	Mar-31-15	Mar-31-14
	8-K	10-K	10-K	10-K	10-K	20-F	20-F	20-F
Total revenues	501.4	427.0	340.4	261.9	186.6	141.8	116.1	88.3
Revenue growth	17.4%	25.4%	30.0%	40.4%	31.5%	22.2%	31.4%
Cost of goods sold	121.7	109.4	90.9	69.7	50.3	41.8	36.8	28.7
Gross profit	379.7	317.6	249.5	192.2	136.2	100.0	79.3	59.6
Gross margin	75.7%	74.4%	73.3%	73.4%	73.0%	70.5%	68.3%	67.5%
Selling, general and administrative [+]	247.7	234.5	193.0	158.2	124.0	84.9	67.0	58.2
Sales and marketing	179.3	169.2	139.2	121.2	96.2	65.2	51.2	47.0
General and administrative	68.4	65.3	53.8	37.0	27.9	19.8	15.8	11.2
Research and development	97.5	80.8	57.9	38.4	22.6	17.7	14.5	12.8
Other operating expenses			-0.2	2.5
EBITDA [+]	72.6	34.5	28.7	12.0	1.5	8.0	8.8	-2.4
EBITDA growth	110.2%	20.2%	139.3%	696.2%	-81.0%	-9.6%	-466.4%
EBITDA margin	14.5%	8.1%	8.4%	4.6%	0.8%	5.6%	7.6%	-2.7%
Depreciation	38.1	25.2	25.2	17.5	11.8	10.5	11.0	9.0
EBITA	34.5	9.3	3.6	-5.5	-10.3	-2.6	-2.2	-11.4
EBITA margin	6.9%	2.2%	1.1%	-2.1%	-5.5%	-1.8%	-1.9%	-12.9%
Amortization of intangibles		7.0	4.8	1.5	0.1
EBIT [+]	34.5	2.3	-1.2	-7.0	-10.4	-2.6	-2.2	-11.4
EBIT growth	1402.3%	-288.5%	-82.5%	-33.0%	303.0%	15.6%	-80.4%
EBIT margin	6.9%	0.5%	-0.4%	-2.7%	-5.6%	-1.8%	-1.9%	-12.9%
Non-recurring items	3.3						1.2
Interest expense, net [+]	2.0	1.1	3.4	-0.7	-0.2	0.6	0.6	0.5
Interest expense	2.8	4.5	5.9	0.6	0.3	0.7	0.7	0.5
Interest income	0.8	3.4	2.5	1.3	0.5	0.1	0.1	0.1
Other income (expense), net [+]	2.2	-1.1	-0.4	-3.4	6.9	0.8	4.5	-5.1
Gain (loss) on foreign currency transactions						0.8	4.5	-5.1
Pre-tax income	31.4	0.2	-5.0	-9.7	-3.2	-2.4	0.4	-16.9
Income taxes	1.7	2.4	2.0	2.7	2.2	0.9	0.2	0.0
Tax rate	5.4%	1483.6%					34.8%
Net income	29.7	-2.2	-7.0	-12.4	-5.4	-3.2	0.2	-16.9
Net margin	5.9%	-0.5%	-2.1%	-4.7%	-2.9%	-2.3%	0.2%	-19.1%

Basic EPS [+]	$0.47	($0.04)	($0.12)	($0.22)	($0.10)	($0.08)	$0.01	($0.53)
Growth	-1415.7%	-69.6%	-46.0%	117.9%	24.9%	-1354.1%	-101.2%
Diluted EPS [+]	$0.45	($0.04)	($0.12)	($0.22)	($0.10)	($0.08)	$0.01	($0.53)
Growth	-1377.7%	-69.6%	-46.0%	117.9%	24.9%	-1498.3%	-101.1%

Shares outstanding (basic) [+]	63.7	62.0	60.0	57.3	54.8	40.8	32.4	31.7
Growth	2.8%	3.4%	4.7%	4.5%	34.3%	26.2%	2.0%
Shares outstanding (diluted) [+]	65.6	62.0	60.0	57.3	54.8	40.8	36.1	31.7
Growth	5.8%	3.4%	4.7%	4.5%	34.3%	13.2%	13.7%

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