Nisun International Enterprise Development Group Co., Ltd (HEBT) [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	90.8	92.1	42.2	2.5	25.3	29.2	27.1	20.1
Revenue growth	-1.4%	118.2%	1570.6%	-90.0%	-13.4%	7.8%	35.0%
Cost of goods sold	140.9	67.6	20.0	0.0	17.5	18.1	16.2	13.9
Gross profit	-50.1	24.4	22.2	2.5	7.8	11.1	10.9	6.2
Gross margin	-55.1%	26.5%	52.7%	99.2%	31.0%	38.1%	40.2%	30.9%
Selling, general and administrative								2.7
Sales and marketing	2.0	2.3	3.2	0.1	1.3	2.2	1.7
Research and development	1.6	1.6	0.8	0.2	0.4	0.5	0.0
General and administrative	11.3	11.6	8.2	1.1	3.3	3.7	0.9
EBITA	18.6	39.2	-12.1	1.4	-5.3	3.9	8.0	6.0
EBITA margin	20.5%	42.5%	-28.8%	57.1%	-20.8%	13.5%	29.7%	30.1%
Amortization of intangibles	0.9	1.0	0.9	0.3	0.1	0.1	0.1	0.1
EBIT	17.7	38.2	-13.1	1.2	-5.3	3.9	8.0	6.0
EBIT margin	19.5%	41.5%	-31.0%	46.5%	-21.1%	13.3%	29.5%	29.8%
Pre-tax income	22.5	40.8	10.9	1.2	-5.8	4.2	7.9	6.0
Income taxes	4.7	10.3	0.9	-0.1	-0.7	-2.9	2.0	1.6
Tax rate	21.1%	25.2%	8.7%		11.2%		25.2%	26.9%
Earnings from continuing ops	17.8	30.5	-13.1	4.2	-5.1	7.1	5.9
Earnings from discontinued ops				-1.5
Net income	17.8	30.5	-13.1	2.7	-5.1	7.1	5.9	0.0
Net margin	19.6%	33.1%	-30.9%	108.5%	-20.3%	24.4%	21.9%	0.0%

Diluted EPS	$4.46	$14.18	($7.02)	$0.26	($0.33)	$0.49	$0.49	$0.00
Shares outstanding (diluted)	4.0	2.2	1.9	16.1	15.8	14.7	12.0	12.0

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