UiPath, Inc. (PATH) [Rocket]

In millions, except per share items	Jan-31-23	Jan-31-22	Jan-31-21	Jan-31-20
	10-K	10-K	10-K	10-K
Revenues	1,058.6	892.3	607.6	336.2
Revenue growth	18.6%	46.8%	80.8%
Cost of goods sold	180.1	168.9	65.9	59.4
Gross profit	878.5	723.4	541.8	276.8
Gross margin	83.0%	81.1%	89.2%	82.3%
Selling, general and administrative [+]	941.1	947.7	542.2	663.0
Sales and marketing	701.6	697.7	380.2	483.3
General and administrative	239.5	250.0	162.0	179.6
Research and development	285.8	276.7	109.9	131.1
EBITDA [+]	-329.6	-486.2	-98.0	-508.6
EBITDA growth	-32.2%	396.2%	-80.7%
EBITDA margin	-31.1%	-54.5%	-16.1%	-151.3%
Depreciation	11.8	9.6	9.7	8.0
EBITA	-341.4	-495.8	-107.7	-516.6
EBITA margin	-32.2%	-55.6%	-17.7%	-153.7%
Amortization of intangibles	6.9	5.1	2.6	0.7
EBIT [+]	-348.3	-500.9	-110.3	-517.3
EBIT growth	-30.5%	354.1%	-78.7%
EBIT margin	-32.9%	-56.1%	-18.2%	-153.9%
Interest income	28.0	3.6	1.2	6.7
Interest income	28.0	3.6	1.2	6.7
Other income (expense), net [+]	2.8	-13.5	14.5	-6.6
Other	2.8	-13.5	14.5	-6.6
Pre-tax income	-317.6	-510.9	-94.7	-517.1
Income taxes	10.8	14.7	-2.3	2.8
Tax rate			2.4%
Net income	-328.4	-525.6	-92.4	-519.9
Net margin	-31.0%	-58.9%	-15.2%	-154.7%

Basic EPS [+]	($0.60)	($1.16)	($0.55)	($3.41)
Growth	-48.2%	110.5%	-83.9%
Diluted EPS [+]	($0.60)	($1.16)	($0.55)	($3.41)
Growth	-48.2%	110.5%	-83.9%

Shares outstanding (basic) [+]	548.0	454.6	168.3	152.4
Growth	20.5%	170.2%	10.4%
Shares outstanding (diluted) [+]	548.0	454.6	168.3	152.4
Growth	20.5%	170.2%	10.4%

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