THESTREET, INC. (TST) [Rocket]

In millions, except per share items	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11
	10-K/A	10-K/A	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Subscription	43.2	41.9
Business To Consumer	27.5	31.0
Business To Business	25.6	23.8
Advertising	6.6	9.6
Total revenues [+]	53.1	54.8	63.5	67.7	61.1	54.5	50.7	57.8
Services				67.7	61.1	54.5	50.7	57.8
Advertising					13.0	10.9	13.6	18.9
Net interest income							0.4	0.7
Revenue growth [+]	-3.1%	-13.7%	-6.1%	10.8%	12.1%	7.4%	-12.2%	1.0%
Subscription	3.1%
Business To Consumer	-11.3%
Business To Business	7.6%
Advertising	-31.9%
Other	2.5%
Cost of goods sold	22.8	25.3	32.4	33.6	31.7	27.4	24.9	26.5
Gross profit	30.3	29.5	31.1	34.0	29.3	27.0	25.8	31.3
Gross margin	57.1%	53.8%	48.9%	50.3%	48.0%	49.6%	50.9%	54.1%
Selling, general and administrative [+]	30.2	27.1	31.9	31.2	29.5	26.7	27.0	32.5
Sales and marketing	14.2	12.2	15.7	16.2	15.6	14.5	13.4	16.7
General and administrative	15.9	14.8	16.2	15.0	13.9	12.2	13.6	15.8
Research and development
Other operating expenses	-23.6
EBITDA [+]	23.9	3.2	-0.8	2.8	-0.2	0.3	-1.2	-1.2
EBITDA growth	643.3%	-503.9%	-127.9%	-1369.9%	-164.8%	-128.9%	-2.7%	-45.6%
EBITDA margin	45.0%	5.9%	-1.3%	4.2%	-0.4%	0.6%	-2.4%	-2.1%
Depreciation	1.0	1.7	1.0	1.2	0.9	1.4	2.6	4.4
EBITA	22.9	1.5	-1.8	1.6	-1.1	-1.0	-3.8	-5.6
EBITA margin	43.1%	2.7%	-2.8%	2.4%	-1.8%	-1.9%	-7.5%	-9.7%
Amortization of intangibles	3.8	3.4	4.7	3.1	2.3	2.4	2.9	1.4
EBIT [+]	19.1	-1.9	-6.5	-1.5	-3.4	-3.4	-6.7	-7.0
EBIT growth	-1094.4%	-70.4%	343.5%	-57.1%	-0.5%	-49.0%	-4.0%	0.5%
EBIT margin	36.0%	-3.5%	-10.2%	-2.2%	-5.6%	-6.3%	-13.2%	-12.1%
Non-recurring items [+]	48.4	0.4	10.7	-1.2		0.6	6.4	1.8
Asset impairment	21.5		11.6
Loss (gain) on sale of assets						0.2	-0.2
Loss (gain) on disposal of assets						0.2	-0.2
Loss (gain) on sale of business	23.6
Unusual expense			-1.8
Interest income, net [+]	0.2	0.0	0.0	-0.1	0.1	0.2	0.4	0.7
Interest expense			0.0	0.1
Interest income	0.2	0.0			0.1	0.2	0.4	0.7
Other income (expense), net [+]								0.0
Realized gain (loss) on investments								0.0
Other								0.0
Pre-tax income	-29.2	-2.3	-17.2	-0.4	-3.3	-3.8	-12.7	-8.2
Income taxes	-22.4	-2.6	0.3	1.2	0.5	0.0	0.0	0.0
Tax rate	76.7%	113.4%				0.0%	0.0%	0.0%
Earnings from continuing ops	16.8	22.7	-17.5	-1.9	-4.2	-3.8	-12.9	-8.6
Earnings from discontinued ops	1.4	3.2
Net income	18.2	25.9	-17.5	-1.9	-4.2	-3.8	-12.9	-8.6
Net margin	34.3%	47.3%	-27.6%	-2.9%	-6.8%	-7.0%	-25.4%	-14.8%

Basic EPS [+]	$0.34	$0.60	($0.50)	($0.06)	($0.12)	($0.11)	($0.39)	($0.27)
Growth	-43.7%	-221.3%	797.9%	-54.4%	8.2%	-71.6%	47.1%	48.1%
Diluted EPS [+]	$0.33	$0.60	($0.50)	($0.06)	($0.12)	($0.11)	($0.39)	($0.27)
Growth	-45.2%	-220.6%	797.9%	-54.4%	8.2%	-71.6%	47.1%	48.1%

Dividends per share [+]	$0.00	$0.00	$0.00	$0.10	$0.10	$0.03	$0.05	$0.11
Growth	-24.0%	400.8%	-99.6%	0.0%	300.0%	-50.0%	-53.6%	1.7%

Shares outstanding (basic) [+]	49.4	37.6	35.2	34.8	34.4	33.7	32.7	32.0
Growth	31.4%	6.8%	1.1%	1.4%	1.9%	3.1%	2.4%	1.1%
Shares outstanding (diluted) [+]	51.0	37.8	35.2	34.8	34.4	33.7	32.7	32.0
Growth	34.9%	7.4%	1.1%	1.4%	1.9%	3.1%	2.4%	1.1%

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