Doma Holdings, Inc. [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18
	8-K	10-K	10-K	10-K	S-1/A
Revenues:
Total revenues	440.2	558.0	409.8	358.1
Revenue growth [+]	-21.1%	36.2%	14.4%
Underwriting		38.0%	18.2%
Cost of goods sold	0.0	444.5	318.2	271.6
Gross profit	440.2	113.6	91.6	86.5
Gross margin	100.0%	20.4%	22.4%	24.2%
Selling, general and administrative [+]	746.9	536.6	363.7	309.1
Sales and marketing		298.4	220.1	178.3
General and administrative		238.1	143.5	130.9
Other operating expenses	-97.2	-321.0	-243.3	-205.2
EBITDA [+]		-91.6	-22.9	-15.6
EBITDA growth	128.6%	300.8%	46.7%
EBITDA margin	-47.6%	-16.4%	-5.6%	-4.4%
Depreciation and amortization		10.3	5.8	1.9
EBIT [+]	-209.5	-102.0	-28.7	-17.5
EBIT growth	105.4%	255.5%	64.2%
EBIT margin	-47.6%	-18.3%	-7.0%	-4.9%
Non-recurring items [+]	97.2
Asset impairment	97.2
Interest expense	18.1	16.9	5.6	9.3
Interest expense	18.1	16.9	5.6	9.3
Other income (expense), net [+]	21.3	6.7
Change in fair value of warrants		6.7
Pre-tax income	-303.5	-112.1	-34.3	-26.8
Income taxes	0.0	0.9	0.8	0.4
Tax rate	0.0%
Net income	0.0	-113.1	-35.1	-27.1
Net margin	0.0%	-20.3%	-8.6%	-7.6%

Basic EPS [+]		($0.64)	($0.56)	($0.45)
Growth		13.6%	24.9%
Diluted EPS [+]		($0.64)	($0.56)	($0.45)
Growth		13.6%	24.9%

Shares outstanding (basic) [+]		177.2	62.5	60.3
Growth		183.6%	3.6%
Shares outstanding (diluted) [+]		177.2	62.5	60.3
Growth		183.6%	3.6%

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