DryShips Inc. (DRYS) [Rocket]

In millions, except per share items	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11
	20-F	20-F	20-F	20-F	20-F	20-F	20-F	20-F
Revenues:
Drybulk	94.4	65.7	30.8				227.1	365.4
Tanker	57.0	20.9					41.1	12.7
Drilling							941.9	699.6
Other	34.8	14.1	21.2
Total revenues [+]	186.1	100.7	51.9	969.8	2,185.5	1,492.0	1,210.1	1,077.7
Lease / rental								112.1
Net interest income						297.6	222.6	178.0
Revenue growth [+]	84.8%	93.9%	-94.6%	-55.6%	46.5%	23.3%	12.3%	25.3%
Drybulk	43.6%	113.5%					-37.8%	-20.2%
Tanker	173.3%						224.8%
Drilling							34.6%
Cost of goods sold	100.1	80.0	63.7	461.7	960.7	750.9	711.7	362.4
Gross profit	86.1	20.8	-11.7	508.2	1,224.8	741.2	498.4	715.2
Gross margin	46.2%	20.6%	-22.6%	52.4%	56.0%	49.7%	41.2%	66.4%
Selling, general and administrative [+]	28.3	31.0	39.7	104.9	193.7	184.7	145.9	123.2
General and administrative	28.3	31.0	39.7	104.9	193.7	184.7	145.9	123.2
Equity in earnings
Other operating expenses	0.9	0.0	-2.1	1,347.1
EBITDA [+]	56.9	-10.2	-49.3	-943.8	1,031.1	556.4	352.5	592.0
EBITDA growth	-657.4%	-79.3%	-94.8%	-191.5%	85.3%	57.9%	-40.5%	7.0%
EBITDA margin	30.6%	-10.1%	-94.9%	-97.3%	47.2%	37.3%	29.1%	54.9%
Depreciation and amortization	25.9	15.0	3.5	227.7	449.8	357.4	335.5	274.3
EBIT [+]	31.0	-25.2	-52.8	-1,171.5	581.3	199.1	17.0	317.7
EBIT growth	-223.2%	-52.3%	-95.5%	-301.5%	192.0%	1068.7%	-94.6%	-11.8%
EBIT margin	16.7%	-25.0%	-101.6%	-120.8%	26.6%	13.3%	1.4%	29.5%
Non-recurring items [+]	-9.6	-4.1	106.3	-290.0	38.1	43.5	1.2	148.0
Asset impairment	-9.6	-4.1	106.3	1,057.1	38.1	43.5		144.7
Loss (gain) on sale of assets							1.2	3.4
Unusual expense				-1,347.1
Interest expense, net [+]	18.9	13.3	8.8	171.6	398.9	319.6	205.9	129.6
Interest expense	21.8	14.7	8.9	172.1	411.0	332.1	210.1	146.2
Interest income	2.8	1.4	0.1	0.5	12.1	12.5	4.2	16.6
Other income (expense), net [+]	0.1	-8.0	10.7	-20.9	-8.5	10.6	-54.6	-59.9
Gain (loss) on debt retirement			10.5	28.2	1.3			-6.2
Other	0.1	-0.4	-0.2	-9.3	7.1	2.2	-0.5	9.0
Pre-tax income	21.8	-42.4	-157.2	-1,074.0	135.8	-153.4	-244.6	-19.9
Income taxes	0.0	0.2	0.0	-37.1	77.8	44.6	44.0	27.4
Tax rate	0.0%		0.0%	3.5%	57.3%
Minority interest				39.0	105.5	-25.1	41.8	22.8
Net income	21.8	-39.7	-206.4	-2,847.6	-48.2	-223.1	-246.8	-74.6
Net margin	11.7%	-39.5%	-397.4%	-293.6%	-2.2%	-15.0%	-20.4%	-6.9%

Basic EPS [+]	$0.22	($1.13)	($455,587.20)	($49,958,438.60)	($1,268.56)	($14.53)	($0.65)	($0.21)
Growth	-119.7%	-100.0%	-99.1%	3938107.7%	8633.3%	2137.6%	209.1%	-132.7%
Diluted EPS [+]	$0.22	($1.13)	($455,587.20)	($49,958,438.60)	($1,268.56)	($14.53)	($0.65)	($0.21)
Growth	-119.7%	-100.0%	-99.1%	3938107.7%	8633.3%	2137.6%	209.1%	-137.2%

Dividends per share [+]	$0.05	$26.85		$360,105.26	$804.23
Growth	-99.8%		-100.0%	44676.6%

Shares outstanding (basic) [+]	98.1	35.2	0.0	0.0	0.0	15.4	380.2	355.1
Growth	178.5%	7776011.3%	694.7%	-99.9%	-99.8%	-96.0%	7.0%	32.1%
Shares outstanding (diluted) [+]	98.1	35.2	0.0	0.0	0.0	15.4	380.2	355.1
Growth	178.5%	7776011.3%	694.7%	-99.9%	-99.8%	-96.0%	7.0%	16.3%

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