Scholar Rock Holding Corp (SRRK) [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
	10-K	10-K	10-K	10-K	10-K	10-K	S-1/A
Revenues	33.2	18.8	15.4	20.5	0.0	0.0	12.5
Revenue growth	76.4%	22.2%	-24.8%			-100.0%
Cost of goods sold	-171.3	0.0	0.0	0.0	0.0	0.0	16.6
Gross profit	204.5	18.8	15.4	20.5	0.0	0.0	-4.1
Gross margin	616.0%	100.0%	100.0%	100.0%			-33.0%
Selling, general and administrative [+]	43.1	40.3	28.2	20.8	14.4	5.1	4.1
General and administrative	43.1	40.3	28.2	20.8	14.4	5.1	4.1
Research and development	128.1	108.5	74.1	54.2	36.3	19.9
Other operating expenses	167.6						8.0
EBITDA [+]	-131.4	-127.3	-85.4	-53.2	-49.9	-24.4	-15.6
EBITDA growth	3.2%	49.1%	60.4%	6.7%	104.8%	55.8%
EBITDA margin	-395.8%	-676.5%	-554.4%	-259.8%			-125.3%
Depreciation and amortization	3.0	2.6	1.5	1.3	0.8	0.7	0.6
EBIT [+]	-134.4	-129.9	-86.9	-54.5	-50.7	-25.0	-16.2
EBIT growth	3.4%	49.5%	59.3%	7.6%	102.5%	54.4%
EBIT margin	-404.8%	-690.5%	-564.0%	-266.2%			-129.9%
Interest expense, net [+]						0.0	0.0
Interest expense	4.7	2.1	0.4	0.0			0.0
Interest income						0.0
Other income (expense), net [+]	4.6	0.2	0.8	3.6	1.4	0.0	0.0
Other						0.0	0.0
Pre-tax income	-134.5	-131.8	-86.5	-51.0	-49.3	-25.0	-16.2
Income taxes	0.0	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%	0.0%
Net income	-134.5	-131.8	-86.5	-51.0	-49.3	-25.0	-16.2
Net margin	-405.2%	-700.5%	-561.5%	-248.9%			-129.9%

Basic EPS [+]	($2.26)	($3.59)	($2.81)	($1.85)	($3.15)	($15.30)
Growth	-37.2%	27.6%	51.9%	-41.2%	-79.4%
Diluted EPS [+]	($2.26)	($3.59)	($2.81)	($1.85)	($3.15)	($15.30)
Growth	-37.2%	27.6%	51.9%	-41.2%	-79.4%

Shares outstanding (basic) [+]	59.6	36.7	30.7	27.5	15.7	1.6
Growth	62.4%	19.4%	11.6%	75.9%	858.0%
Shares outstanding (diluted) [+]	59.6	36.7	30.7	27.5	15.7	1.6
Growth	62.4%	19.4%	11.6%	75.9%	858.0%

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