YODLEE INC (YDLE) [Rocket]

In millions, except per share items	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11
	10-K/A	10-K/A	10-K/A	S-1/A
Revenues:
Subscription	76.0	56.8	44.3
Professional services and other	22.8	21.0	21.1	26.9
Subscription and support				54.4
Total revenues [+]	89.1	70.2	57.8	54.4
Services	22.8	21.0	21.1	26.9
Subscription	76.0	56.8	44.3	54.4
Revenue growth [+]	27.0%	21.4%	6.2%
Subscription	33.7%	28.2%
Professional services and other	8.4%	-0.2%	-21.8%
Cost of goods sold	35.2	26.8	24.8	26.9
Gross profit	53.9	43.3	33.0	27.6
Gross margin	60.5%	61.8%	57.1%	50.6%
Selling, general and administrative [+]	35.7	24.8	22.5	22.7
Sales and marketing	22.4	15.4	13.6	12.9
General and administrative	13.3	9.4	8.9	9.8
Research and development	23.6	17.9	16.2	16.8
Other operating expenses	0.0	-0.3	0.0
EBITDA [+]	-1.7	3.5	-3.3	-9.4
EBITDA growth	-148.0%	-207.7%	-65.0%
EBITDA margin	-1.9%	5.0%	-5.7%	-17.2%
Depreciation and amortization	3.8	2.7	2.4	2.5
EBIT [+]	-5.5	0.8	-5.7	-11.9
EBIT growth	-746.9%	-114.9%	-52.4%
EBIT margin	-6.1%	1.2%	-9.8%	-21.9%
Non-recurring items	0.0	0.3	0.0
Interest expense	0.5	0.6	0.6
Interest expense	0.5	0.6	0.6
Other income (expense), net	0.8	0.3	0.8	-0.9
Pre-tax income	-5.2	0.3	-5.4	-12.8
Income taxes	1.8	1.4	1.1	-3.7
Tax rate		557.8%		29.1%
Earnings from continuing ops	-7.0	-1.2	-6.5	-9.1
Earnings from discontinued ops				7.0
Net income	-7.0	-1.2	-6.5	-2.1
Net margin	-7.8%	-1.7%	-11.3%	-3.8%

Basic EPS [+]	($0.54)	($0.16)	($0.98)	($1.52)
Growth	235.1%	-83.4%	-35.6%
Diluted EPS [+]	($0.54)	($0.16)	($0.88)	($1.52)
Growth	235.1%	-81.4%	-42.5%

Shares outstanding (basic) [+]	12.8	7.3	6.6	6.0
Growth	76.3%	9.2%	11.5%
Shares outstanding (diluted) [+]	12.8	7.3	7.4	6.0
Growth	76.3%	-2.5%	24.9%

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