TELLURIAN INC. (TELL) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Jun-30-16
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Total revenues	391.9	71.3	37.4	28.8	10.3	5.4	0.0	0.0
Revenue growth	449.9%	90.4%	30.1%	179.7%	89.0%			-100.0%
Cost of goods sold	37.9	11.7	10.2	7.1	6.1	7.6	0.0	0.0
Gross profit	354.0	59.6	27.2	21.7	4.2	-2.1	0.0	0.0
Gross margin	90.3%	83.6%	72.7%	75.4%	40.6%	-39.0%
Selling, general and administrative [+]	126.4	85.9	47.3	87.5	81.8	98.9	46.5	5.2
General and administrative	126.4	85.9	47.3	87.5	81.8	98.9	46.5	5.2
Research and development	68.8	50.2	27.5	59.6	44.0	59.5	47.1
Other operating expenses [+]	132.3	24.7	11.7					0.1
Exploration expenses								0.1
EBITDA [+]	26.6	-101.3	-59.3	-125.4	-121.6	-160.5	-93.7	-5.3
EBITDA growth	-126.3%	70.8%	-52.7%	3.1%	-24.2%	71.4%		-157.4%
EBITDA margin	6.8%	-142.1%	-158.4%	-435.9%	-1182.6%	-2949.8%
Depreciation and amortization	44.4	11.5	17.2	20.4	1.6	0.5	0.1	0.1
EBIT [+]	-17.8	-112.7	-76.5	-145.9	-123.2	-161.0	-93.7	-5.3
EBIT growth	-84.2%	47.3%	-47.5%	18.4%	-23.5%	71.7%		-158.9%
EBIT margin	-4.5%	-158.2%	-204.4%	-506.9%	-1197.8%	-2958.6%
Non-recurring items [+]			90.1		4.5	77.6
Asset impairment			81.1		4.5	77.6
Interest expense, net [+]	13.9	9.4	43.4	16.4	-1.6	-1.0		0.0
Interest expense	13.9	9.4	43.4	16.4				0.0
Interest income					1.6	1.0
Other income (expense), net [+]	-18.2	7.4	-0.6	10.4	0.2	6.3	-3.1	2.0
Gain (loss) on investments								-0.6
Unrealized gain/loss on derivatives						2.2	-3.3
Other	-18.2	6.0	-0.6	10.4	0.2	4.1	0.2	0.1
Pre-tax income	-49.8	-114.7	-210.7	-151.8	-125.9	-231.3	-96.8	-3.3
Income taxes	0.0	0.0	0.0	0.0	-0.2	0.2	-0.2	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.2%		0.2%	0.0%
Net income	-49.8	-114.7	-210.7	-151.8	-125.7	-231.5	-96.7	-15.2
Net margin	-12.7%	-161.0%	-562.8%	-527.4%	-1222.5%	-4254.0%

Basic EPS [+]	($0.09)	($0.28)	($0.79)	($0.69)	($0.59)	($1.23)	($1.01)	($2.65)
Growth	-66.4%	-64.2%	13.4%	16.8%	-51.6%	21.7%		-66.2%
Diluted EPS [+]	($0.09)	($0.28)	($0.79)	($0.69)	($0.59)	($1.23)	($1.01)	($2.65)
Growth	-66.4%	-64.2%	13.4%	16.8%	-51.6%	21.7%		-66.2%

Shares outstanding (basic) [+]	526.9	407.6	267.6	218.5	211.6	188.5	95.8	5.7
Growth	29.3%	52.3%	22.5%	3.3%	12.2%	96.8%		0.6%
Shares outstanding (diluted) [+]	526.9	407.6	267.6	218.5	211.6	188.5	95.8	5.7
Growth	29.3%	52.3%	22.5%	3.3%	12.2%	96.8%		0.6%

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