SQBG, Inc. (SQBG) [Rocket]

In millions, except per share items	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10	Dec-31-09	Dec-31-08
	10-K	10-K	10-K	10-K	10-K/A	10-K	10-K/A
Revenues:
United States							27.0
Canada							2.2
Germany							1.1
Other							1.9
Total revenues	41.8	22.7	5.3	0.5	0.0	35.6	32.2
Revenue growth	84.7%	329.5%	864.5%		-100.0%	10.7%
Cost of goods sold	0.0	0.0	0.0	-1.8	0.2	18.4	16.6
Gross profit	41.8	22.7	5.3	2.4	-0.2	17.2	15.5
Gross margin	100.0%	100.0%	100.0%	432.5%		48.4%	48.3%
Selling, general and administrative [+]	0.3	0.1	0.1	0.1		8.3	6.8
General and administrative					0.0	8.3	6.8
Other operating expenses	28.9	16.7	11.7	1.9		9.4	11.8
EBITDA [+]	13.7	6.4	-6.2	0.5	-0.1	-0.1	-2.7
EBITDA growth	114.5%	-202.6%	-1284.9%	-903.3%	-7.7%	-97.4%
EBITDA margin	32.8%	28.3%	-118.4%	96.3%		-0.2%	-8.5%
Depreciation	0.3	0.1	0.1	0.2	0.1	0.4	0.3
EBITA	13.4	6.3	-6.3	0.4	-0.2	-0.4	-3.0
EBITA margin	32.1%	27.8%	-120.2%	68.6%		-1.2%	-9.4%
Amortization of intangibles	0.8	0.5	0.2
EBIT [+]	12.6	5.8	-6.5	0.4	-0.2	-0.4	-3.0
EBIT growth	117.5%	-188.8%	-1842.0%	-277.6%	-52.2%	-85.4%
EBIT margin	30.2%	25.6%	-124.0%	68.6%		-1.2%	-9.4%
Non-recurring items [+]	0.6
Legal settlement	0.6
Interest income, net [+]	9.7	15.6	0.8	-0.1	0.0	-0.2	-0.1
Interest expense				0.1	0.0	0.2	0.1
Interest income	9.7	15.6	0.8
Other income (expense), net	-19.5	-30.7	-1.7				0.0
Pre-tax income	2.3	-9.3	-7.4	0.2	-0.2	-0.6	-3.2
Income taxes	2.9	1.8	0.0	0.0	0.0	0.1	0.0
Tax rate	128.2%						1.1%
Minority interest	-0.4	-0.6	0.0	3.6	1.7
Earnings from continuing ops	-0.2	-10.6	-7.4	-3.4	-4.3	-0.7	-3.1
Earnings from discontinued ops		-6.2	-1.8	-6.2
Net income	-0.2	-16.8	-9.2	-9.6	-4.3	-0.7	-3.1
Net margin	-0.5%	-74.2%	-174.9%	-1759.7%		-2.0%	-9.7%

Basic EPS [+]	($0.01)	($0.60)	($3.08)	($1.42)	($1.77)	($0.02)	($0.09)
Growth	-98.7%	-80.7%	117.5%	-20.0%	8970.8%	-77.5%
Diluted EPS [+]	($0.01)	($0.60)	($3.08)	($1.42)	($1.77)	($0.02)	($0.09)
Growth	-98.7%	-80.7%	117.5%	-20.0%	8975.7%	-77.5%

Shares outstanding (basic) [+]	30.0	17.7	2.4	2.4	2.4	36.0	36.0
Growth	69.2%	634.0%	0.5%	0.0%	-93.3%	0.0%
Shares outstanding (diluted) [+]	30.0	17.7	2.4	2.4	2.4	36.0	36.0
Growth	69.2%	634.0%	0.5%	0.0%	-93.3%	0.1%

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