Inspirato Inc [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	355.6	355.2	345.5	327.3	299.0	267.5	234.7	206.3
Revenue growth	18.9%	32.7%	47.2%	58.7%
Cost of goods sold	249.3	242.0	229.3	210.3	189.7	168.0	152.7	140.5
Gross profit	106.2	113.1	116.2	116.9	109.2	99.6	82.0	65.8
Gross margin	29.9%	31.9%	33.6%	35.7%	36.5%	37.2%	34.9%	31.9%
Selling, general and administrative [+]	102.4	103.8	106.9	103.5	100.5	92.3	78.3	65.3
Sales and marketing	31.9	35.0	38.5	39.4	37.8	32.7	27.8	23.0
General and administrative	70.4	68.8	68.4	64.2	62.8	59.5	50.5	42.3
Research and development	14.3	14.2	13.6	11.4	8.8	6.8	4.9	3.7
Other operating expenses	33.7	39.1	40.9	40.5	37.6	32.7	28.1	18.3
EBITDA [+]	-41.1	-41.2	-43.0	-36.7	-36.1	-30.6	-27.6	-20.2
EBITDA growth	13.7%	34.4%	55.5%	81.5%
EBITDA margin	-11.6%	-11.6%	-12.4%	-11.2%	-12.1%	-11.4%	-11.8%	-9.8%
Depreciation and amortization	6.9	6.3	5.4	4.7	4.3	4.2	4.3	3.2
EBIT [+]	-48.0	-47.5	-48.4	-41.4	-40.5	-34.8	-31.9	-23.4
EBIT growth	18.6%	36.5%	51.7%	76.9%
EBIT margin	-13.5%	-13.4%	-14.0%	-12.7%	-13.5%	-13.0%	-13.6%	-11.3%
Non-recurring items [+]	30.1
Asset impairment	30.1
Interest income, net [+]	-0.6	0.0	0.2	0.4	0.4	0.6	0.6	0.7
Interest expense	0.7	0.2		0.1				0.1
Interest income			0.4		0.5	0.7	0.7
Other income (expense), net [+]	5.1	15.5	-2.1	-3.5	-6.5	-8.2
Change in fair value of warrants	-5.1	-15.9	1.7	3.0	6.5	17.7
Other	0.0	-0.3	-0.4	-0.4
Pre-tax income	-73.6	-32.0	-50.3	-44.5	-46.6	-42.3	-22.2	-13.6
Income taxes	0.8	0.8	0.8	0.6	0.4	0.2	0.0	0.0
Tax rate							0.0%	0.0%
Minority interest	-38.4	-18.1	-27.0	-19.0	-14.9	-11.9
Net income	-36.0	-14.7	-24.1	-26.1	-32.1	-30.6	-22.2	-13.6
Net margin	-10.1%	-4.1%	-7.0%	-8.0%	-10.7%	-11.4%	-9.5%	-6.6%

Basic EPS [+]	($0.60)	($0.26)	($0.48)	($0.41)	($0.42)	($0.34)	($0.21)	($0.17)
Growth	43.2%	-23.5%	126.0%	137.8%
Diluted EPS [+]	($0.60)	($0.26)	($0.48)	($0.41)	($0.42)	($0.34)	($0.21)	($0.17)
Growth	43.2%	-23.5%	126.0%	137.8%

Shares outstanding (basic) [+]	59.8	56.1	50.6	63.9	76.4	89.7	105.5	79.1
Growth	-21.7%	-37.5%	-52.1%	-19.3%
Shares outstanding (diluted) [+]	59.8	56.1	50.6	63.9	76.4	89.7	105.5	79.1
Growth	-21.7%	-37.5%	-52.1%	-19.3%

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