Rubicon Technologies, Inc. [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20
	10-K	10-K	S-1
Revenues:
Two Customers	175.6	174.9
Two Customer			151.0
Other	499.8	408.1	388.3
Total revenues	675.4	583.1	539.4
Revenue growth [+]	15.8%	8.1%
Two Customers	0.4%
Cost of goods sold [+]	647.8	558.7	0.4
Cost of services	569.8	481.6
Depreciation and amortization	5.7	7.1
Gross profit	27.6	24.4	539.0
Gross margin	4.1%	4.2%	99.9%
Selling, general and administrative [+]	338.5	75.2	14.8
Sales and marketing	0.0	14.5
General and administrative	322.3	60.7
Other selling, general and administrative	16.2	14.5
Research and development	37.5	22.5	14.9
Other operating expenses	-96.3	-3.2	559.2
EBITDA [+]	-252.0	-71.0	-45.0
EBITDA growth	254.9%	58.0%
EBITDA margin	-37.3%	-12.2%	-8.3%
Depreciation	-2.0	-1.4	3.2
EBITA	-250.0	-69.6	-48.1
EBITA margin	-37.0%	-11.9%	-8.9%
Amortization of intangibles	3.3	3.0	3.3
EBIT [+]	-253.3	-72.6	-51.4
EBIT growth	248.8%	41.3%
EBIT margin	-37.5%	-12.5%	-9.5%
Interest expense, net [+]	0.0	0.0	0.0
Interest expense	16.9	11.5	8.2
Interest income	0.0	0.0	0.0
Other income (expense), net [+]	-11.5	9.3	119.6
Unrealized gain/loss on derivatives	-72.6
Other	-3.0	-1.1
Pre-tax income	-281.7	-74.8	60.0
Income taxes	0.1	-1.7	-1.5
Tax rate		2.2%
Minority interest	-22.6
Net income	-30.2	-73.2	-58.6
Net margin	-4.5%	-12.5%	-10.9%

Basic EPS [+]	($357,482.71)	$0.00	($1.81)
Growth	49054984042.9%	-100.0%
Diluted EPS [+]	($281,771.00)	$0.00	($1.81)
Growth	38665567479.3%	-100.0%

Shares outstanding (basic) [+]	0.0	100,380.3	32.4
Growth	-100.0%	309464.7%
Shares outstanding (diluted) [+]	0.0	100,380.3	32.4
Growth	-100.0%	309464.7%

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