Hippo Holdings Inc. [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20
	10-K	10-K	10-K
Total revenues [+]	119.7	91.2	51.6
Net interest income	2.4
Net investment income	9.0	0.3	1.1
Revenue growth	31.3%	76.7%
Cost of goods sold	158.8	278.0	70.6
Gross profit	-39.1	-186.8	-19.0
Gross margin	-32.7%	-204.8%	-36.8%
Selling, general and administrative [+]	173.3	144.2	106.2
Sales and marketing	101.8	95.0	69.4
General and administrative	71.5	49.2	36.8
Research and development	57.5	36.2	18.0
Other operating expenses	9.2	47.4	1.1
EBITDA [+]	-263.9	-403.6	-137.6
EBITDA growth	-34.6%	193.3%
EBITDA margin	-220.5%	-442.5%	-266.7%
Depreciation	9.9	5.3	3.0
EBITA	-273.8	-408.9	-140.6
EBITA margin	-228.7%	-448.4%	-272.5%
Amortization of intangibles	5.3	5.7	3.7
EBIT [+]	-279.1	-414.6	-144.3
EBIT growth	-32.7%	187.3%
EBIT margin	-233.2%	-454.6%	-279.7%
Non-recurring items	55.3
Interest income	9.2	0.4	1.1
Interest income	9.2	0.4	1.1
Other income (expense), net [+]		47.0
Gain (loss) on debt retirement		-47.0
Pre-tax income	-325.2	-367.2	-143.2
Income taxes	1.3	0.7	-1.8
Tax rate			1.3%
Minority interest	6.9	3.5	0.1
Net income	-333.4	-371.4	-141.5
Net margin	-278.5%	-407.2%	-274.2%

Basic EPS [+]	($14.66)	($34.11)	($1.63)
Growth	-57.0%	1995.1%
Diluted EPS [+]	($14.66)	($34.11)	($1.63)
Growth	-57.0%	1995.1%

Shares outstanding (basic) [+]	22.7	10.9	86.9
Growth	108.9%	-87.5%
Shares outstanding (diluted) [+]	22.7	10.9	86.9
Growth	108.9%	-87.5%

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