CareMax, Inc. [Rocket]

In millions, except per share items	Dec-05-22	Dec-31-21	Dec-05-21	Dec-31-20
	8-K	10-K	8-K	10-K
Revenues	631.1	295.8	295.8	103.4
Revenue growth	113.4%	186.0%
Cost of goods sold	0.0	10.4	0.0	0.6
Gross profit	631.1	285.4	295.8	102.8
Gross margin	100.0%	96.5%	100.0%	99.4%
Selling, general and administrative [+]	11.8	5.0	5.0	1.1
Sales and marketing	11.8	5.0	5.0	1.1
Other operating expenses	626.7	273.7	304.9	90.5
EBITDA [+]	-7.3	-3.7	-14.1	10.5
EBITDA growth	-48.5%	-135.0%
EBITDA margin	-1.2%	-1.2%	-4.8%	10.2%
Depreciation	21.7	-7.6	13.2	0.2
EBITA	-29.0	3.9	-27.4	10.3
EBITA margin	-4.6%	1.3%	-9.2%	10.0%
Amortization of intangibles		10.4		0.6
EBIT [+]	-29.0	-6.5	-27.4	9.7
EBIT growth	6.0%	-167.1%
EBIT margin	-4.6%	-2.2%	-9.2%	9.4%
Non-recurring items [+]	83.2	22.3	1.5
Asset impairment	70.0
Loss (gain) on sale of assets			-0.1
Interest expense	20.2	4.5	4.5	1.7
Interest expense	20.2	4.5	4.5	1.7
Other income (expense), net [+]	75.1	26.8	26.8	-0.5
Gain (loss) on sale of assets		-0.1
Gain (loss) on debt retirement		1.6		-0.5
Change in fair value of warrants		20.8
Change in value of contingent liability		5.8
Other		-1.3
Pre-tax income	-57.3	-6.5	-6.5	7.6
Income taxes	-19.5	0.2	0.2	0.0
Tax rate	34.1%			0.0%
Minority interest				0.0
Net income	-37.8	-6.7	-6.7	7.6
Net margin	-6.0%	-2.3%	-2.3%	7.3%

Basic EPS [+]	($0.42)	($0.13)	($0.13)	$0.70
Growth	228.1%	-118.0%
Diluted EPS [+]	($0.42)	($0.13)	($0.13)	$0.70
Growth	228.1%	-118.0%

Shares outstanding (basic) [+]	90.8	52.6	52.6	10.8
Growth	72.6%	387.4%
Shares outstanding (diluted) [+]	90.8	52.6	52.6	10.8
Growth	72.6%	387.4%

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