SMTA Liquidating Trust (SMTA) [Rocket]

In millions, except per share items	Aug-31-19	Dec-31-18	Dec-31-17	Dec-31-16
	10-K	10-K	10-K	10-K
Total revenues [+]	138.4	246.3	231.8	245.3
Lease / rental		240.4	226.6	236.8
Net interest income		3.1	0.8	2.2
Other	2.9
Other income		2.8	4.4	6.3
Revenue growth		6.3%	-5.5%
Cost of goods sold	116.2	21.4	16.9	5.3
Gross profit	22.2	224.9	215.0	240.0
Gross margin	16.1%	91.3%	92.7%	97.9%
Selling, general and administrative [+]	5.7	13.4	20.5	19.0
General and administrative [+]	5.7	13.4	20.5	19.0
General and administrative expenses	5.7	13.4	20.5	19.0
Other operating expenses	-80.0	347.2	97.8	8.2
EBITDA [+]	96.5	-135.7	96.6	212.9
EBITDA growth		-240.4%	-54.6%
EBITDA margin	69.7%	-55.1%	41.7%	86.8%
Depreciation and amortization	47.4	84.7	80.4	85.8
EBIT [+]	49.1	-220.4	16.2	127.1
EBIT growth		-1457.0%	-87.2%
EBIT margin	35.5%	-89.5%	7.0%	51.8%
Non-recurring items	6.2			2.5
Interest expense	78.3	115.0	76.7	77.9
Interest expense	78.3	115.0	76.7	77.9
Other income (expense), net [+]	-21.4	115.4	79.0	1.4
Gain (loss) on sale of assets		9.5	22.4	26.5
Gain (loss) on debt retirement	21.4	-0.4	-2.2	-1.4
Pre-tax income	-56.8	-220.0	18.5	48.1
Income taxes	0.1	0.2	0.2	0.2
Tax rate			1.0%	0.4%
Net income	-67.5	-229.5	18.3	47.9
Net margin	-48.7%	-93.2%	7.9%	19.5%

Basic EPS [+]	($1.57)	($5.36)	$0.43	$1.12
Growth		-1355.2%	-61.8%
Diluted EPS [+]	($1.57)	($5.36)	$0.43	$1.12
Growth		-1355.2%	-61.8%

Dividends per share [+]		$4.62	$22.03
Growth		-79.0%

Shares outstanding (basic)	42.9	42.9	42.9	42.9
Growth		0.0%	0.0%
Shares outstanding (diluted)	42.9	42.9	42.9	42.9
Growth		0.0%	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.