Confluent, Inc. (CFLT) [Rocket]

In millions, except per share items	Dec-05-22	Dec-31-21	Dec-05-21	Dec-31-20	Dec-31-19
	8-K	10-K	8-K	10-K	10-K
Revenues:
Major Customers		387.9		236.6	149.8
License		69.2		49.0	37.1
International		141.2		80.5	48.1
Post Contract Customer Support		183.7		128.2	78.7
Total revenues [+]	585.9	387.9	387.9	236.6	149.8
Services	50.9		40.8
Subscription	535.0		347.1
Revenue growth [+]	51.1%	63.9%		57.9%
Major Customers		63.9%		57.9%
License		41.1%		32.2%
International		75.4%		67.3%
Post Contract Customer Support		43.3%		62.9%
United States		58.0%		53.5%
Cost of goods sold	202.4	137.3	137.3	75.5	49.4
Gross profit	383.5	250.6	250.6	161.1	100.4
Gross margin	65.5%	64.6%	64.6%	68.1%	67.0%
Selling, general and administrative [+]	846.2	428.3	590.2	288.9	140.5
Sales and marketing		319.3		166.4	115.8
General and administrative		108.9		122.5	24.7
Research and development		161.9		105.4	58.1
EBITDA [+]	-455.1	-336.0	-336.0	-231.6	-96.9
EBITDA growth	35.4%	45.1%		139.0%
EBITDA margin	-77.7%	-86.6%	-86.6%	-97.9%	-64.7%
Depreciation and amortization	7.6	3.6	3.6	1.6	1.2
EBIT [+]	-462.7	-339.6	-339.6	-233.2	-98.1
EBIT growth	36.2%	45.7%		137.7%
EBIT margin	-79.0%	-87.6%	-87.6%	-98.6%	-65.5%
Interest income		2.0		4.1	2.5
Interest income		2.0		4.1	2.5
Other income (expense), net	16.4	-2.0	0.0	-1.0	0.6
Pre-tax income	-446.3	-339.6	-339.6	-230.0	-95.0
Income taxes	6.3	3.2	3.2	-0.2	0.0
Tax rate				0.1%	0.0%
Net income	-452.6	-342.8	-342.8	-229.8	-95.0
Net margin	-77.2%	-88.4%	-88.4%	-97.1%	-63.4%

Basic EPS [+]	($1.62)	($1.82)	($1.82)	($2.21)	($0.99)
Growth	-11.1%	-17.6%		122.9%
Diluted EPS [+]	($1.62)	($1.82)	($1.82)	($2.21)	($0.99)
Growth	-11.1%	-17.6%		122.9%

Shares outstanding (basic) [+]	280.1	188.6	188.6	104.2	96.1
Growth	48.5%	81.0%		8.5%
Shares outstanding (diluted) [+]	280.1	188.6	188.6	104.2	96.1
Growth	48.5%	81.0%		8.5%

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