Repay Holdings Corp (RPAY) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17
	10-K	10-K	S-1	10-K	10-K
Revenues:
Direct Relationships	213.3	152.2
Other	6.0	2.8
Total revenues	219.3	155.0	104.6	130.0	94.0
Revenue growth [+]	41.4%	48.2%	-19.5%	38.4%
Direct Relationships	40.1%
Indirect Relationship	115.4%
Cost of goods sold	55.5	41.4	25.9	73.9	55.5
Gross profit	163.8	113.6	78.7	56.1	38.4
Gross margin	74.7%	73.3%	75.3%	43.2%	40.9%
Selling, general and administrative	120.1	87.3	97.0	29.1	14.6
Other operating expenses				1.1	2.1
EBITDA [+]	43.7	26.3	-18.2	25.9	21.7
EBITDA growth	66.3%	-244.2%	-170.3%	19.2%
EBITDA margin	19.9%	17.0%	-17.4%	19.9%	23.1%
Depreciation	1.3	1.1	30.0	0.4	0.2
EBITA	42.4	25.2	-48.2	25.5	21.6
EBITA margin	19.4%	16.2%	-46.1%	19.6%	23.0%
Amortization of intangibles	88.4	59.7		10.0	7.3
EBIT [+]	-46.0	-34.5	-48.2	15.5	14.3
EBIT growth	33.2%	-28.4%	-410.9%	8.5%
EBIT margin	-21.0%	-22.3%	-46.1%	11.9%	15.2%
Non-recurring items [+]	8.0	-2.5		-1.1	-2.1
Asset impairment	2.2
Unusual expense	5.8	-2.5		-1.1	-2.1
Interest expense	3.7	14.4		6.1	5.7
Interest expense	3.7	14.4		6.1	5.7
Other income (expense), net [+]	-29.1	-83.3	48.2	0.0	-1.2
Gain (loss) on debt retirement	-5.9
Other non-ooperating expenses	-9.1
Other	-9.2	0.0		0.0	-1.2
Pre-tax income	-86.7	-129.7	0.0	10.5	9.4
Income taxes	-30.7	-12.4	0.0	0.0	0.0
Tax rate	35.4%	9.5%		0.0%	0.0%
Minority interest	-6.0	-11.8
Net income	-50.1	-105.6	0.0	10.5	9.4
Net margin	-22.8%	-68.1%	0.0%	8.1%	10.1%

Basic EPS [+]	($0.60)	($2.02)		$1.47
Growth	-70.3%
Diluted EPS [+]	($0.60)	($2.02)		$1.47
Growth	-70.3%

Dividends per share [+]	$0.00	$0.03		$0.88
Growth	-97.4%		-100.0%

Shares outstanding (basic) [+]	83.3	52.2		7.2
Growth	59.7%
Shares outstanding (diluted) [+]	83.3	52.2		7.2
Growth	59.7%

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