TPT GLOBAL TECH, INC. [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
	10-K	10-K	10-K	10-K	10-K/A	S-1/A	S-1/A
Revenues:
TPT MedTech and QuickLABS	0.5	0.0
TPT SpeedConnect	7.6	10.0	8.0
Other	1.9	1.1	2.2
Total revenues [+]	10.0	11.1	10.2	0.9	2.1		3.2
Products	0.6	0.0					0.8
Services	9.5	11.1					2.4
Revenue growth [+]	-9.6%	8.6%	989.8%	-55.7%
TPT MedTech and QuickLABS	1555.3%
TPT SpeedConnect	-23.9%	24.4%
BlueCollar			784.8%
Cost of goods sold [+]	7.8	7.2	5.9	1.7	2.2		4.0
Cost of product sales							0.8
Cost of services							1.0
Sales commissions and fees							0.5
Gross profit	2.2	3.9	4.3	-0.8	0.0		-0.8
Gross margin	22.2%	35.2%	42.1%	-86.6%	-2.3%		-26.3%
Selling, general and administrative [+]	6.5	6.6	5.0	3.4	2.0		1.3
Sales and marketing	0.0	0.1	0.1	0.1	0.2		0.3
General and administrative [+]	6.5	6.6	4.9	3.3	1.8		1.0
Wages and related expenses	2.6	2.5	1.5	0.8	0.5
General and administrative expenses	2.4	2.0	1.5	0.8	0.7		1.0
Professional fees	1.5	2.1	1.9	1.7	0.6
Research and development		1.0
Other operating expenses					0.3		2.7
EBITDA [+]	-4.3	-3.7	-0.7	-4.2	-2.3		-3.7
EBITDA growth	15.0%	431.2%	-83.2%	79.9%
EBITDA margin	-42.6%	-33.5%	-6.8%	-445.1%	-109.6%		-116.1%
Depreciation	0.7	1.1	0.6	0.2	0.2		0.6
EBITA	-5.0	-4.8	-1.3	-4.4	-2.5		-4.4
EBITA margin	-49.4%	-43.0%	-12.6%	-467.9%	-117.9%		-136.1%
Amortization of intangibles	0.7	0.7	0.9	0.8	1.0		0.5
EBIT [+]	-5.7	-5.5	-2.2	-5.1	-3.5		-4.9
EBIT growth	3.3%	154.8%	-58.0%	48.8%
EBIT margin	-56.7%	-49.6%	-21.1%	-549.0%	-163.5%		-151.6%
Non-recurring items [+]	1.0	2.7	0.9		-0.5
Asset impairment	1.0	2.7	0.9		-0.5
Interest expense	2.6	1.5	3.6	0.2	0.2		0.1
Interest expense	2.6	1.5	3.6	0.2	0.2		0.1
Other income (expense), net [+]	5.2	1.6	-7.3		-0.6
Gain (loss) on debt retirement	8.5	1.3
Unrealized gain/loss on derivatives	-3.5	1.1
Other	-0.3
Pre-tax income	-4.1	-8.1	-14.0	-5.4	-3.8		-5.0
Income taxes	0.0	0.0	0.0	0.0	0.0		0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.0%		0.0%
Minority interest	0.1	0.0
Net income	-4.0	-8.1	-14.0	-5.4	-3.8		-5.0
Net margin	-40.1%	-72.8%	-137.4%	-573.9%	-180.0%		-154.9%

Basic EPS [+]	$0.00	($0.01)	($0.10)	($0.04)	($0.03)
Growth	-58.6%	-89.0%	152.3%	41.2%
Diluted EPS [+]	$0.00	($0.01)	($0.10)	($0.04)	($0.03)
Growth	-58.6%	-89.0%	152.3%	41.2%

Shares outstanding (basic) [+]	889.4	740.2	141.6	137.0	137.0
Growth	20.2%	422.7%	3.4%	0.0%
Shares outstanding (diluted) [+]	889.4	740.2	141.6	137.0	137.0
Growth	20.2%	422.7%	3.4%	0.0%

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