Lemonade, Inc. (LMND) [Rocket]

In millions, except per share items	Jun-30-23	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Mar-31-21
	10-Q	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q
Revenues	104.6	74.0	50.0	44.3	41.0	35.7	28.2	23.5
Revenue growth	109.2%	107.3%	77.3%	88.5%	100.0%	100.6%	-5.7%	-10.3%
Investment expenses	0.1	0.1	0.1	0.1		0.1
Other operating expenses	170.4	163.0	114.9	116.8	109.4	99.8	81.1	71.6
Research and development	24.1	21.4	17.8	16.9	16.4	14.3	14.0	7.1
General and administrative	30.7	40.5	22.4	28.2	23.1	19.6	15.8	14.1
EBITDA		-85.4	-63.4	-71.1	-67.2	-63.4	-52.1	-47.2
EBITDA margin	-63.0%	-115.4%	-126.8%	-160.5%	-163.9%	-177.6%	-184.8%	-200.9%
Depreciation		3.7	1.6	1.5	1.2	0.8	0.8	0.9
EBIT	-65.9	-89.1	-65.0	-72.6	-68.4	-64.2	-52.9	-48.1
EBIT margin	-63.0%	-120.4%	-130.0%	-163.9%	-166.8%	-179.8%	-187.6%	-204.7%
Pre-tax income	-65.9	-89.1	-65.0	-72.6	-68.4	-64.2	-52.9	-48.1
Income taxes	1.3	2.3	2.9	2.2	1.9	2.2	2.7	0.9
Net income	-67.2	-91.4	-67.9	-74.8	-70.3	-66.4	-55.6	-49.0
Net margin	-64.2%	-123.5%	-135.8%	-168.8%	-171.5%	-186.0%	-197.2%	-208.5%

Basic EPS	($0.97)	($1.37)	($1.10)	($1.21)	($1.15)	($1.08)	($0.90)	($0.81)
Diluted EPS	($0.97)	($1.37)	($1.10)	($1.21)	($1.15)	($1.08)	($0.90)	($0.81)

Shares outstanding (basic)	69.5	66.9	61.8	61.7	61.2	61.6	61.4	60.2
Shares outstanding (diluted)	69.5	66.9	61.8	61.7	61.2	61.6	61.4	60.2

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