Relypsa Inc (RLYP) [Rocket]

In millions, except per share items	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11
	10-K	10-K	10-K	10-K	10-K
Revenues	18.6	0.0	0.0	0.0	20.4
Revenue growth				-100.0%
Cost of goods sold	0.0	0.0	0.0	0.0	20.4
Gross profit	18.6	0.0	0.0	0.0	0.0
Gross margin	100.0%				0.0%
Selling, general and administrative [+]	103.1	27.9	11.9	7.3	5.2
General and administrative				7.3	5.2
Research and development	93.3	50.2	59.0	36.1
Other operating expenses	-0.1	0.1			20.4
EBITDA [+]	-175.0	-73.5	-69.8	-42.9	-24.7
EBITDA growth	138.1%	5.3%	62.6%	73.9%
EBITDA margin	-943.3%				-121.2%
Depreciation and amortization	2.8	4.8	1.1	0.4	0.8
EBIT [+]	-177.7	-78.3	-70.9	-43.3	-25.5
EBIT growth	127.1%	10.4%	63.6%	69.8%
EBIT margin	-958.2%				-125.4%
Non-recurring items	0.1	-0.1
Interest expense	1.7	1.9	1.5	0.0	0.4
Interest expense	1.7	1.9	1.5	0.0	0.4
Other income (expense), net	0.9	0.1	-1.5	-0.4	0.1
Pre-tax income	-178.7	-79.9	-73.8	-43.7	-25.8
Income taxes	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	-178.7	-79.9	-81.2	-62.4	0.0
Net margin	-963.4%				-0.1%

Basic EPS [+]	($4.39)	($2.43)	($22.42)	($205.45)	($104.33)
Growth	80.5%	-89.2%	-89.1%	96.9%
Diluted EPS [+]	($4.39)	($2.43)	($22.42)	($205.45)	($104.33)
Growth	80.5%	-89.2%	-89.1%	96.9%

Shares outstanding (basic) [+]	40.7	32.8	3.6	0.3	0.0
Growth	23.9%	807.1%	1091.2%	122692.5%
Shares outstanding (diluted) [+]	40.7	32.8	3.6	0.3	0.0
Growth	23.9%	807.1%	1091.2%	122692.5%

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