Bird Global, Inc. [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19
	10-K	10-K	10-K	10-K
Total revenues	244.7	190.5	90.1	150.5
Revenue growth	28.4%	111.5%	-40.1%
Cost of goods sold	210.0	167.9	116.0	286.2
Gross profit	34.7	22.7	-25.9	-135.7
Gross margin	14.2%	11.9%	-28.7%	-90.1%
Selling, general and administrative [+]	250.1	226.4	172.8	208.7
Sales and marketing	16.3	17.9	18.4	16.7
General and administrative	233.8	208.5	154.4	192.1
Research and development	40.1	31.4	34.4	40.8
Other operating expenses			-25.0
EBITDA [+]	-193.8	-183.6	-175.6	-268.3
EBITDA growth	5.6%	4.6%	-34.6%
EBITDA margin	-79.2%	-96.4%	-194.8%	-178.2%
Depreciation and amortization	61.7	51.6	32.5	117.0
EBIT [+]	-255.5	-235.2	-208.1	-385.2
EBIT growth	8.6%	13.0%	-46.0%
EBIT margin	-104.4%	-123.4%	-230.9%	-255.9%
Non-recurring items [+]	215.8
Asset impairment	215.8
Interest expense	10.8	6.1	6.6	5.0
Interest expense	10.8	6.1	6.6	5.0
Other income (expense), net	125.4	26.6	5.9	3.0
Pre-tax income	-356.7	-214.7	-208.7	-387.2
Income taxes	2.0	0.2	0.1	0.3
Net income	-358.7	-214.9	-208.7	-387.5
Net margin	-146.6%	-112.8%	-231.7%	-257.4%

Basic EPS [+]	($1.29)	($2.55)	($5.59)	($18.31)
Growth	-49.4%	-54.3%	-69.5%
Diluted EPS [+]	($1.29)	($2.55)	($5.59)	($18.31)
Growth	-49.4%	-54.3%	-69.5%

Shares outstanding (basic) [+]	278.0	84.3	37.4	21.2
Growth	229.9%	125.5%	76.6%
Shares outstanding (diluted) [+]	278.0	84.3	37.4	21.2
Growth	229.9%	125.5%	76.6%

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