Planet Labs PBC [Rocket]

In millions, except per share items	Jan-31-22	Jan-31-21	Jan-31-20
	10-K	10-K	10-K
Revenues:
CANADA	9.4	15.9	16.7
UNITED STATES	56.0	61.5	54.9
Other	65.8	35.8	24.2
Total revenues	131.2	113.2	95.7
Revenue growth [+]	15.9%	18.2%
CANADA	-41.1%	-4.6%
UNITED STATES	-8.9%	12.1%
Cost of goods sold	83.0	87.4	102.4
Gross profit	48.2	25.8	-6.7
Gross margin	36.8%	22.8%	-7.0%
Selling, general and administrative [+]	109.6	69.4	61.9
Sales and marketing	52.9	37.3	34.9
General and administrative	56.7	32.1	27.0
Research and development	66.7	43.8	37.9
EBITDA [+]	-83.0	-25.2	-28.8
EBITDA growth	229.0%	-12.5%
EBITDA margin	-63.3%	-22.3%	-30.1%
Depreciation	43.0	59.8	74.4
EBITA	-126.1	-85.0	-103.3
EBITA margin	-96.1%	-75.1%	-107.9%
Amortization of intangibles	2.0	2.4	3.2
EBIT [+]	-128.1	-87.4	-106.5
EBIT growth	46.4%	-17.9%
EBIT margin	-97.6%	-77.3%	-111.2%
Interest expense	8.8	9.4	6.9
Interest expense	8.8	9.4	6.9
Other income (expense), net [+]	1.8	-29.1	-10.2
Gain (loss) on debt retirement	-1.7	0.7	-11.5
Other	-2.2	0.2	1.1
Pre-tax income	-135.0	-126.0	-123.6
Income taxes	2.1	1.1	0.1
Net income	-137.1	-127.1	-123.7
Net margin	-104.5%	-112.3%	-129.2%

Basic EPS [+]	($1.72)	($2.87)	($2.89)
Growth	-40.1%	-0.4%
Diluted EPS [+]	($1.72)	($2.87)	($2.89)
Growth	-40.1%	-0.4%

Shares outstanding (basic) [+]	79.6	44.2	42.9
Growth	80.1%	3.2%
Shares outstanding (diluted) [+]	79.6	44.2	42.9
Growth	80.1%	3.2%

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