Robinhood Markets, Inc. (HOOD) [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 [+]	1,358.0	1,815.0	958.0	277.5
Net interest income	424.0	256.0	177.0	70.6
Revenue growth	-25.2%	89.5%	245.2%
Cost of goods sold	0.0	0.0	0.0	0.0
Gross profit	1,358.0	1,815.0	958.0	277.5
Gross margin	100.0%	100.0%	100.0%	100.0%
Selling, general and administrative [+]	1,027.0	1,696.0	481.0	210.2
Sales and marketing	103.0	325.0	186.0	124.7
General and administrative	924.0	1,371.0	295.0	85.5
Research and development	878.0	1,234.0	215.0	94.9
Other operating expenses	464.0	2,571.0	249.0	79.3
EBITDA [+]	-950.0	-3,660.0	23.0	-101.5
EBITDA growth	-74.0%	-16013.0%	-122.7%
EBITDA margin	-70.0%	-201.7%	2.4%	-36.6%
Depreciation	52.0	23.0	10.0	5.4
EBITA	-1,002.0	-3,683.0	13.0	-106.9
EBITA margin	-73.8%	-202.9%	1.4%	-38.5%
Amortization of intangibles	9.0	3.0
EBIT [+]	-1,011.0	-3,686.0	13.0	-106.9
EBIT growth	-72.6%	-28453.8%	-112.2%
EBIT margin	-74.4%	-203.1%	1.4%	-38.5%
Interest expense, net [+]	-22.0	-3.0	-1.0	-9.9
Interest expense	24.0	20.0	5.0	1.0
Interest income	22.0	3.0	1.0	9.9
Other income (expense), net	-14.0	18.0	4.0	-9.5
Pre-tax income	-1,027.0	-3,685.0	13.0	-107.6
Income taxes	1.0	2.0	6.0	-1.0
Tax rate			46.2%	0.9%
Net income	-1,028.0	-3,687.0	3.0	-106.6
Net margin	-75.7%	-203.1%	0.3%	-38.4%

Basic EPS [+]	($1.17)	($7.49)	$0.01	($0.48)
Growth	-84.4%	-56447.5%	-102.8%
Diluted EPS [+]	($1.17)	($7.49)	$0.01	($0.48)
Growth	-84.4%	-61252.2%	-102.5%

Shares outstanding (basic) [+]	878.6	492.4	225.7	221.7
Growth	78.4%	118.1%	1.8%
Shares outstanding (diluted) [+]	878.6	492.4	245.0	221.7
Growth	78.4%	101.0%	10.5%

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