ACM Research, Inc. (ACMR) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	8-K	10-K	10-K	10-K	10-K	10-K/A	10-K	S-1/A
Total interest expense		0.7	0.9	0.7	0.5		0.2
Net interest income		0.7	0.9	0.7	0.5		0.2
Equity in earnings		4.6	0.7	0.2	0.1
Pre-tax income	67.4	43.1	19.3	18.9	7.4	0.0	3.0	5.4
Income taxes	16.8	0.1	-2.4	-0.5	0.8	0.0	0.6	-2.5
Tax rate	24.9%	0.3%			10.9%		20.0%
Minority interest	11.3	5.2	2.9	0.6			1.4	2.5
Earnings from continuing ops	39.2	37.8	18.8	18.9	6.6		1.0	5.4
Earnings from discontinued ops	0.1
Net income	39.3	37.8	18.8	18.9	6.6	0.0	1.0	5.4
Net margin	10.1%	14.5%	12.0%	17.6%	8.8%		3.8%	17.2%

Basic EPS	$0.66	$1.96	$1.03	$1.12	$0.42		$0.47	$2.63
Diluted EPS	$0.60	$1.73	$0.89	$0.99	$0.37		$0.27	$1.71

Shares outstanding (basic)	59.2	19.2	18.2	16.8	15.8		2.2	2.0
Shares outstanding (diluted)	65.3	21.8	21.2	19.1	17.9		3.8	3.1

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