Atlas Energy Solutions Inc. [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20
	S-1/A	S-1/A	S-1/A
Revenues:
Service sales	74.3	29.9	31.2
Product sales	408.4	142.5	80.5
Total revenues [+]	482.7	172.4	111.8
Products	408.4	142.5	80.5
Services	74.3	29.9	31.2
Revenue growth [+]	180.0%	54.2%
Service sales	148.5%	-4.4%
Product sales	186.6%	77.0%
Cost of goods sold	198.9	84.7	73.1
Gross profit	283.8	87.7	38.7
Gross margin	58.8%	50.9%	34.6%
Selling, general and administrative	24.3	17.1	17.7
Other operating expenses	27.5	23.7	20.9
EBIT [+]	232.0	47.0	0.0
EBIT growth	393.6%	195716.7%
EBIT margin	48.1%	27.3%	0.0%
Non-recurring items [+]			1.3
Asset impairment			1.3
Interest expense	15.8	42.2	32.8
Interest expense	15.8	42.2	32.8
Other income (expense), net	2.6	0.3	0.0
Pre-tax income	218.9	5.1	-34.1
Income taxes	1.9	0.8	0.4
Tax rate	0.8%	16.3%
Net income	217.0	4.3	-34.4
Net margin	45.0%	2.5%	-30.8%



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