NERDWALLET, INC. [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	10-Q	8-K	10-Q	10-Q	8-K	S-1/A	10-Q
Revenues				353.8	320.2	281.1	426.9	426.9
Revenue growth				-17.1%
Cost of goods sold				49.7	48.8	47.6	85.2	85.2
Gross profit				304.1	271.4	233.5	341.7	341.7
Gross margin				86.0%	84.8%	83.1%	80.0%	80.0%
Selling, general and administrative [+]				291.2	278.6	246.9	341.7	339.4
Sales and marketing				249.7	243.5	216.0	295.3	294.4
General and administrative				41.5	35.1	30.9	46.4	45.0
Research and development				39.0	33.7		26.3	25.6
Other operating expenses				1.4	0.3		7.7	10.7
EBITDA [+]				1.6	-13.1	-18.2	-23.8	-27.5
EBITDA growth				-105.8%
EBITDA margin				0.5%	-4.1%	-6.5%	-5.6%	-6.4%
Depreciation and amortization				29.1	28.1	27.1	10.2	6.5
EBIT [+]				-27.5	-41.2	-45.3	-34.0	-34.0
EBIT growth				-19.1%
EBIT margin				-7.8%	-12.9%	-16.1%	-8.0%	-8.0%
Interest expense, net [+]				0.5	0.8	0.9		0.7
Interest expense				0.6	0.8	0.9		0.7
Interest income				0.1
Other income (expense), net [+]						2.7		0.2
Other non-operating gains/losses								1.2
Other								-1.2
Pre-tax income				-26.5	-39.2	-43.5	-34.5	-34.5
Income taxes				1.2	-6.9	-8.8	-13.0	-13.0
Tax rate						20.2%	37.7%	37.7%
Net income				-19.8	-24.4	-26.8	-21.5	-21.5
Net margin				-5.6%	-7.6%	-9.5%	-5.0%	-5.0%

Basic EPS [+]				($0.41)	($0.55)	($0.68)	($0.88)	($0.88)
Growth				-53.7%
Diluted EPS [+]				($0.41)	($0.55)	($0.68)	($0.88)	($0.88)
Growth				-53.7%

Shares outstanding (basic) [+]				48.6	44.1	39.5		24.5
Growth				98.8%
Shares outstanding (diluted) [+]				48.6	44.1	39.5		24.5
Growth				98.8%

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