Change Healthcare Inc. (CHNG) [Rocket]

In millions, except per share items	Mar-31-22	Mar-31-21	Mar-31-20	Mar-31-19	Mar-31-18
	10-K	10-K	10-K	10-K	10-K
Total revenues	3,480.8	3,090.4	196.8	0.0	0.0
Revenue growth	12.6%	1470.4%
Cost of goods sold	17.4	18.1	0.0	0.0	0.0
Gross profit	3,463.4	3,072.4	196.8	0.0	0.0
Gross margin	99.5%	99.4%	100.0%
Selling, general and administrative	3,344.0	2,990.4	908.0	1.2	0.2
Equity in earnings				70.5	58.7
Other operating expenses	192.4	215.0	380.8
EBITDA [+]	608.8	458.1	-1,061.1
EBITDA growth	32.9%	-143.2%	-1630.6%	18.5%
EBITDA margin	17.5%	14.8%	-539.2%
Depreciation	183.0	127.7	6.6
EBITA	425.8	330.4	-1,067.8	69.3	58.5
EBITA margin	12.2%	10.7%	-542.6%
Amortization of intangibles	498.8	463.3	24.2
EBIT [+]	-73.0	-133.0	-1,092.0	69.3	58.5
EBIT growth	-45.1%	-87.8%	-1675.1%	18.5%
EBIT margin	-2.1%	-4.3%	-554.9%
Non-recurring items [+]	15.3	6.2
Unusual expense	15.3	6.2
Interest expense	234.2	245.2	16.7
Other income (expense), net [+]	216.6	237.0	17.8	-139.9	-117.2
Other	-17.7	-8.3	1.1	-1.0
Pre-tax income	-106.0	-147.4	-1,090.9	-70.6	-58.7
Income taxes	-48.6	-35.2	-143.3	-18.6	-119.6
Tax rate	45.9%	23.9%	13.1%	26.3%	203.9%
Net income	-57.4	-112.2	-947.6	-52.0	61.0
Net margin	-1.6%	-3.6%	-481.5%

Basic EPS [+]	($0.18)	($0.35)	($6.92)	($0.69)	$0.81
Growth	-49.4%	-94.9%	904.2%	-185.4%
Diluted EPS [+]	($0.18)	($0.35)	($6.92)	($0.69)	$0.78
Growth	-49.4%	-94.9%	904.2%	-187.9%

Shares outstanding (basic) [+]	324.0	320.8	137.0	75.5	75.6
Growth	1.0%	134.1%	81.4%	-0.1%
Shares outstanding (diluted) [+]	324.0	320.8	137.0	75.5	77.8
Growth	1.0%	134.1%	81.4%	-2.9%

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