P10, Inc. [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18
	10-K	10-K	10-K	10-K	S-1/A
Revenues	198.4	150.5	67.4	44.9
Revenue growth	31.8%	123.5%	50.0%
Cost of goods sold	94.3	54.8	24.5	12.3
Gross profit	104.1	95.8	42.8	32.6
Gross margin	52.5%	63.6%	63.6%	72.5%
Selling, general and administrative [+]	31.4	21.4	18.7	9.2
General and administrative [+]	31.4	21.4	18.7	9.2
General and administrative expenses	18.5	9.9	4.7	4.6
Professional fees	12.9	11.5	14.0	4.6
Other operating expenses	0.7	0.2	0.0
EBITDA [+]	98.9	104.7	39.6	33.9
EBITDA growth	-5.5%	164.2%	16.8%
EBITDA margin	49.8%	69.5%	58.8%	75.5%
Depreciation	26.9	30.4	15.5	10.6
EBITA	72.0	74.2	24.2	23.4
EBITA margin	36.3%	49.3%	35.9%	52.0%
Amortization of intangibles	26.9	30.4	15.5	10.6
EBIT [+]	45.1	43.8	8.7	12.8
EBIT growth	3.0%	404.3%	-32.2%
EBIT margin	22.8%	29.1%	12.9%	28.5%
Non-recurring items	1.7	3.5
Interest expense	9.5		10.7	9.4
Interest expense	9.5	9.2	10.7	9.4
Other income (expense), net [+]	1.5	-27.4	-1.0	-2.0
Gain (loss) on debt retirement		-15.3
Other non-operating gains/losses	1.5	0.8
Other	-8.0	-36.6	-11.7	-11.4
Pre-tax income	35.5	3.7	-3.0	1.4
Income taxes	6.1	-7.1	-26.8	-10.5
Tax rate	17.1%		885.4%
Minority interest	0.2
Net income	29.2	10.8	23.8	11.9
Net margin	14.7%	7.2%	35.3%	26.6%

Basic EPS [+]	$0.25	$0.15	$0.38	$188.28
Growth	68.8%	-61.1%	-99.8%
Diluted EPS [+]	$0.24	$0.10	$0.37	$0.19
Growth	150.5%	-73.9%	91.9%

Dividends per share	$0.09

Shares outstanding (basic) [+]	116.8	72.7	62.5	0.1
Growth	60.7%	16.3%	98392.6%
Shares outstanding (diluted) [+]	121.7	112.3	64.9	62.5
Growth	8.3%	73.1%	3.9%

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