Vizio Holding Corp. [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18
	10-K	10-K	10-K	10-K	S-1/A
Revenues	1,862.8	2,124.0	2,042.5	1,836.8	1,780.7
Revenue growth	-12.3%	4.0%	11.2%	3.1%
Cost of goods sold	1,550.3	1,797.7	1,746.1	1,671.6	1,670.5
Gross profit	312.5	326.3	296.4	165.2	110.3
Gross margin	16.8%	15.4%	14.5%	9.0%	6.2%
Selling, general and administrative [+]	261.8	318.9	147.1	121.4	114.9
Sales and marketing	41.1	32.8	31.3	22.7	19.2
Other selling, general and administrative	220.7	286.1	115.8	98.7	95.8
Research and development	40.8	34.2	15.1	10.3
Other operating expenses					5.0
EBITDA [+]	9.9	-26.8	134.2	33.5	-4.7
EBITDA growth	-136.9%	-120.0%	300.6%	-820.0%
EBITDA margin	0.5%	-1.3%	6.6%	1.8%	-0.3%
Depreciation and amortization	3.6	2.8	2.3	4.1	5.0
EBIT [+]	6.3	-29.6	131.9	29.4	-9.7
EBIT growth	-121.3%	-122.4%	348.6%	-403.6%
EBIT margin	0.3%	-1.4%	6.5%	1.6%	-0.5%
Interest income, net [+]	1.6	0.3		1.2	-1.6
Interest expense					1.6
Interest income	1.6	0.3		1.2
Other income (expense), net	-1.3	3.0	0.5	0.2	10.5
Pre-tax income	6.6	-26.3	132.4	30.8	-0.8
Income taxes	7.0	13.1	29.9	7.7	-0.6
Tax rate	106.1%		22.6%	25.0%	80.1%
Earnings from continuing ops	-0.4	-39.4	102.5	23.1	-0.2
Earnings from discontinued ops					0.0
Net income	-0.4	-39.4	102.5	23.1	-0.2
Net margin	0.0%	-1.9%	5.0%	1.3%	0.0%

Basic EPS [+]	$0.00	($0.22)	$0.71	$0.16	$0.00
Growth	-99.1%	-131.6%	342.9%	-14274.2%
Diluted EPS [+]	$0.00	($0.22)	$0.70	$0.16	$0.00
Growth	-99.1%	-132.2%	343.9%	-13991.2%

Shares outstanding (basic) [+]	193.1	175.5	144.4	144.1	138.0
Growth	10.0%	21.5%	0.2%	4.5%
Shares outstanding (diluted) [+]	193.1	175.5	147.0	147.1	138.0
Growth	10.0%	19.4%	0.0%	6.6%

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