CuriosityStream Inc. (SAQNU) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	10-Q	10-Q	10-Q	10-Q	10-K	10-Q	10-Q
Other						59.7
Total revenues			69.5	86.0	79.0	71.3	55.3	45.4
Revenue growth			25.5%	89.4%	87.6%	79.9%	58.4%
Cost of goods sold			55.6	51.6	44.4	36.7	24.1	18.0
Gross profit			13.8	34.3	34.6	34.6	31.2	27.4
Gross margin			19.9%	39.9%	43.8%	48.5%	56.5%	60.4%
Selling, general and administrative [+]			90.1	93.1	91.9	87.6	81.9	76.6
Sales and marketing			50.8	54.5	54.8	52.3	46.5	45.0
General and administrative			39.3	38.6	37.2	35.4	35.4	31.6
Equity in earnings					-0.2
Other operating expenses			-21.9			-0.6
EBITDA [+]			-35.2	-39.0	-47.4	-52.2	-49.3	-47.9
EBITDA growth			-28.6%	-18.6%	14.2%	35.8%	30.9%
EBITDA margin			-50.7%	-45.4%	-60.1%	-73.2%	-89.1%	-105.6%
Depreciation			0.1	0.2	0.4	0.3	0.7	0.7
EBITA			-35.4	-39.2	-47.9	-52.5	-50.1	-48.6
EBITA margin			-50.9%	-45.6%	-60.7%	-73.6%	-90.5%	-107.1%
Amortization of intangibles				19.1	9.0
EBIT [+]			-54.5	-58.3	-56.9	-52.5	-50.1	-48.6
EBIT growth			8.8%	20.0%	35.8%	35.3%	31.5%
EBIT margin			-78.4%	-67.9%	-72.1%	-73.6%	-90.5%	-107.1%
Non-recurring items [+]				3.6
Asset impairment				3.6
Interest income, net [+]				1.3	1.3	1.4
Interest expense				0.1	0.1
Interest income						1.4
Other income (expense), net [+]			9.4	18.5	21.2	13.8	-1.8	-10.9
Change in fair value of warrants			4.9	12.7	14.0		6.3	-2.0
Pre-tax income			-47.4	-42.1	-34.4	-37.3	-51.8	-59.4
Income taxes			0.5	0.5	0.5	0.4	0.2	0.2
Tax rate							-0.4%
Net income			-47.8	-42.4	-34.8	-37.6	-52.7	-64.7
Net margin			-68.8%	-49.4%	-44.0%	-52.8%	-95.2%	-142.7%

Basic EPS [+]			($0.91)	($0.81)	($0.66)	($0.74)	($1.22)	($1.95)
Growth			-25.6%	-58.5%	-76.2%	-82.8%	-76.1%
Diluted EPS [+]			($0.91)	($0.81)	($0.66)	($0.73)	($1.22)	($1.95)
Growth			-25.5%	-58.4%	-76.3%	-82.8%	-76.1%

Shares outstanding (basic) [+]			52.5	52.4	52.3	51.2	43.0	33.2
Growth			21.9%	57.9%	124.4%	250.4%	335.9%
Shares outstanding (diluted) [+]			52.5	52.5	52.5	51.4	43.2	33.3
Growth			21.7%	57.7%	125.2%	251.7%	337.1%

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