VOLITIONRX LTD (VNRX) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21
	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q
Revenues:
Other	0.5	0.3		0.1	0.1	0.1
Total revenues [+]	0.5	0.3	0.3	0.2	0.2	0.2	0.1	0.1
Royalties				0.0
Products	0.4	0.3	0.2	0.1	0.1	0.1	0.1	0.1
Services	0.1	0.0	0.1	0.1	0.1	0.1
Revenue growth [+]	167.7%	91.4%	240.3%	142.3%	233.9%	365.2%	570.3%	1213.4%
Product	254.9%	154.5%	134.3%	42.1%	112.7%	224.1%	695.3%
Cost of goods sold	32.8	32.8	32.8	19.7	19.7	19.7	19.7	0.0
Gross profit	-32.3	-32.5	-32.5	-19.4	-19.5	-19.5	-19.6	0.1
Gross margin	-6229.9%	-9497.9%	-10612.9%	-9680.2%	-10045.3%	-10895.1%	-21724.9%	100.0%
Selling, general and administrative [+]	17.8	18.3	18.3	18.8	18.5	16.7	14.7	10.9
Sales and marketing	6.6	6.7	6.6	6.7	6.0	4.8	3.6	2.2
General and administrative [+]	11.2	11.7	11.7	12.1	12.5	11.9	11.1	8.7
General and administrative expenses	10.5	10.9	10.9	12.1	12.5	11.9	11.1	8.7
Research and development	18.1	15.9	14.6	13.9	13.8	13.4	13.7	14.4
Other operating expenses			-33.6				-19.6
EBITDA [+]	-33.6	-32.2	-30.8	-31.7	-31.3	-29.1	-27.5	-24.3
EBITDA growth	7.4%	10.7%	12.3%	30.2%	46.4%	41.0%	34.4%	31.3%
EBITDA margin	-6470.2%	-9405.1%	-10066.8%	-15769.1%	-16135.8%	-16261.1%	-30506.1%	-29347.9%
Depreciation	1.0	0.9	0.9	0.8	0.8	0.9	0.9	0.8
EBITA	-34.5	-33.1	-31.7	-32.5	-32.1	-29.9	-28.3	-25.1
EBITA margin	-6657.5%	-9670.9%	-10347.7%	-16186.9%	-16567.2%	-16737.8%	-31454.4%	-30321.3%
Amortization of intangibles	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
EBIT [+]	-34.6	-33.1	-31.8	-32.6	-32.2	-30.0	-28.4	-25.2
EBIT growth	7.5%	10.5%	11.9%	29.2%	45.1%	40.4%	34.3%	31.3%
EBIT margin	-6672.0%	-9692.7%	-10372.4%	-16229.0%	-16612.5%	-16788.3%	-31556.1%	-30432.8%
Non-recurring items [+]							-0.1
Loss (gain) on sale of assets							-0.1
Interest expense, net [+]	0.0	0.0	0.0	0.1	0.1	0.2	0.2	0.2
Interest expense	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2
Interest income	0.2	0.2	0.1	0.1	0.0	0.0	0.0	0.0
Other income (expense), net [+]	16.3	16.7	16.5	17.3	16.9		17.0	8.6
Gain (loss) on derivative instruments	0.0
Other			-0.9	-0.9			-1.4	-0.7
Pre-tax income	-18.3	-16.4	-15.3	-15.3	-15.3	-13.1	-11.5	-16.7
Income taxes	15.2	15.2	15.2	16.0	15.3	15.4	15.5	7.3
Tax rate	-83.3%	-92.6%	-99.6%	-104.4%	-99.9%	-117.1%	-134.2%	-43.4%
Minority interest	0.0	0.0			0.0	-0.1
Net income	-18.2	-16.4	-15.3	-15.3	-15.3	-13.0	-11.5	-16.7
Net margin	-3519.0%	-4804.4%	-4988.7%	-7618.0%	-7915.0%	-7271.5%	-12737.2%	-20086.1%

Basic EPS [+]	($0.34)	($0.30)	($0.28)	($0.29)	($0.29)	($0.25)	($0.22)	($0.33)
Growth	17.9%	23.5%	28.3%	-14.2%	-33.8%	-44.1%	-51.9%	-24.3%
Diluted EPS [+]	($0.34)	($0.30)	($0.28)	($0.29)	($0.29)	($0.25)	($0.22)	($0.33)
Growth	17.9%	23.5%	28.3%	-14.2%	-33.8%	-44.1%	-51.9%	-24.3%

Shares outstanding (basic) [+]	53.9	53.9	53.9	53.6	53.4	52.7	51.9	50.1
Growth	1.0%	2.4%	3.9%	7.1%	10.1%	12.9%	17.3%	17.2%
Shares outstanding (diluted) [+]	53.9	53.9	53.9	53.6	53.4	52.7	51.9	50.1
Growth	1.0%	2.4%	3.9%	7.1%	10.1%	12.9%	17.3%	17.2%

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