Kaleyra, Inc. (KLR) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Sep-30-19	Dec-31-18	Sep-30-18
	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Italy	66.5	77.4	62.4	60.2		54.0
Europe (excluding Italy)			9.8	15.7		4.9
United States	131.9	57.3	25.5	9.4		2.2
Other	140.9	133.1	49.6	44.3		16.7
Total revenues	339.2	267.7	147.4	129.6	0.0	77.8	0.0
Revenue growth [+]	26.7%	81.7%	13.7%	66.4%
Italy	-14.2%	24.0%	3.7%	11.4%
Europe (excluding Italy)			-37.4%	217.3%
United States	130.2%	124.6%	170.8%	319.1%
Rest of the World			47.7%	537.8%
Cost of goods sold	333.2	264.0	158.2	115.9	0.0	77.6	0.0
Gross profit	5.9	3.7	-10.9	13.7	0.0	0.3	0.0
Gross margin	1.8%	1.4%	-7.4%	10.6%		0.3%
Selling, general and administrative [+]	29.3	21.1	41.1	23.5	3.0	17.7	1.9
Sales and marketing	29.3	21.1	12.9	6.0		6.3
General and administrative			28.2	17.4	3.0	11.4	1.9
Research and development			9.7	5.3		3.4
Other operating expenses	128.3	69.4	-35.3	-12.6		-15.2
EBITDA [+]	-128.2	-71.8	-23.6	0.2		-4.0
EBITDA growth	78.5%	204.3%	-10404.4%	-105.7%	58.6%
EBITDA margin	-37.8%	-26.8%	-16.0%	0.2%		-5.1%
Depreciation	6.4	4.1	1.2	0.8		0.7
EBITA	-134.5	-75.9	-24.8	-0.6	-3.0	-4.7	-1.9
EBITA margin	-39.7%	-28.3%	-16.8%	-0.5%		-6.0%
Amortization of intangibles	17.1	10.9	1.6	1.8		0.9
EBIT [+]	-151.7	-86.8	-26.4	-2.4	-3.0	-5.5	-1.9
EBIT growth	74.7%	229.2%	990.1%	-56.2%	58.6%
EBIT margin	-44.7%	-32.4%	-17.9%	-1.9%		-7.1%
Interest income, net [+]					2.6		1.8
Interest expense	0.6	0.7	1.8	0.6		0.6
Interest income					2.6		1.8
Other income (expense), net [+]	49.6	45.8	-1.0	-0.3		0.4
Gain (loss) on foreign currency transactions			-1.4	-0.5		0.0
Other			0.1	0.1		0.3
Pre-tax income	-102.7	-41.7	-29.1	-3.2	-0.3	-5.7	-0.1
Income taxes	-4.2	-7.7	-2.3	2.3	0.8	1.4	0.6
Tax rate	4.0%	18.4%	7.8%
Minority interest						0.0
Net income	-98.5	-34.0	-26.8	-5.5	-1.1	-7.1	-0.7
Net margin	-29.0%	-12.7%	-18.2%	-4.3%		-9.1%

Basic EPS [+]	($7.86)	($3.21)	($1.09)	($0.48)	($0.26)	($0.72)	($0.16)
Growth	144.6%	195.5%	128.9%	-34.2%	57.1%
Diluted EPS [+]	($7.86)	($3.21)	($1.09)	($0.48)	($0.26)	($0.72)	($0.16)
Growth	144.6%	195.5%	128.9%	-34.2%	57.1%

Shares outstanding (basic) [+]	12.5	10.6	24.7	11.6	4.2	9.8	4.0
Growth	18.5%	-57.1%	112.5%	18.1%	3.9%
Shares outstanding (diluted) [+]	12.5	10.6	24.7	11.6	4.2	9.8	4.0
Growth	18.5%	-57.1%	112.5%	18.1%	3.9%

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