Primis Financial Corp. (SONA) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
Revenues	125.8	105.3	121.6	94.6	97.1	64.7	38.2	37.2
Revenue growth	19.4%	-13.4%	28.5%	-2.5%	50.0%	69.3%	2.7%	15.1%
Cost of goods sold	57.9	45.6	45.3	34.7	36.2	26.1	15.2	15.5
Gross profit	67.9	59.7	76.3	59.9	60.9	38.7	23.0	21.8
Gross margin	54.0%	56.7%	62.8%	63.3%	62.7%	59.7%	60.2%	58.4%
Selling, general and administrative				10.3	8.4	6.6	2.5	2.3
Sales and marketing	3.1	1.7	1.8
General and administrative	12.2	11.1	9.4	7.6	5.6	4.4	1.5	1.5
EBITA	24.3	41.7	62.4	49.6	52.5	32.1	20.5	13.7
EBITA margin	19.3%	39.6%	51.3%	52.4%	54.1%	49.6%	53.7%	36.8%
Amortization of intangibles	1.3	1.4	1.4	1.4	1.4	0.8	0.2	0.3
EBIT	23.0	40.3	61.1	48.2	51.1	31.2	20.3	13.4
EBIT margin	18.2%	38.3%	50.2%	50.9%	52.6%	48.2%	53.2%	36.1%
Pre-tax income	22.3	39.7	19.1	38.1	43.3	15.6	15.4	14.0
Income taxes	4.5	8.7	4.2	5.9	9.6	13.1	5.1	4.7
Tax rate	20.4%	21.9%	22.1%	15.5%	22.2%	84.4%	33.1%	33.4%
Earnings from continuing ops	17.7	30.8	6.5	31.2	33.7	2.4	10.3	9.3
Earnings from discontinued ops		0.2	8.4	1.0
Net income	17.7	31.0	14.9	32.2	33.7	2.4	10.3	9.3
Net margin	14.1%	29.4%	12.2%	34.0%	34.7%	3.7%	27.0%	24.9%

Diluted EPS	$0.72	$1.25	$0.27	$1.28	$1.39	$0.13	$0.83	$0.75
Shares outstanding (diluted)	24.7	24.6	24.4	24.3	24.3	18.7	12.4	12.3

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