KLDiscovery Inc. (KLDI) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18
	10-K	10-K	10-K	10-K	10-K
Revenues	317.4	320.5	289.5	312.1	296.3
Revenue growth	-1.0%	10.7%	-7.2%	5.3%
Cost of goods sold	165.5	164.0	147.7	160.8	159.6
Gross profit	152.0	156.5	141.8	151.2	136.7
Gross margin	47.9%	48.8%	49.0%	48.5%	46.1%
Selling, general and administrative [+]	43.6	39.9	96.9	103.5	112.9
Sales and marketing	43.6	39.9	38.4	48.5	58.3
General and administrative			58.5	55.0	54.6
Research and development			7.2	5.9	7.1
Other operating expenses	151.1	179.6	-0.1	0.0
EBITDA [+]	-23.1	-35.1	49.6	53.0	29.9
EBITDA growth	-34.2%	-170.7%	-6.4%	77.5%
EBITDA margin	-7.3%	-11.0%	17.1%	17.0%	10.1%
Depreciation	-0.5	1.7	16.9	18.6	24.7
EBITA	-22.6	-36.8	32.8	34.4	5.1
EBITA margin	-7.1%	-11.5%	11.3%	11.0%	1.7%
Amortization of intangibles	20.1	26.2	30.9	31.8	30.0
EBIT [+]	-42.7	-63.0	1.9	2.6	-24.9
EBIT growth	-32.2%	-3440.0%	-28.6%	-110.6%
EBIT margin	-13.4%	-19.6%	0.7%	0.8%	-8.4%
Non-recurring items [+]			0.1	0.0
Unusual expense			0.1	0.0
Interest expense			50.7	48.4	46.6
Interest expense	54.7	50.4	50.7	48.4	46.6
Other income (expense), net [+]	55.9	52.4	-0.1	-7.5	0.0
Gain (loss) on debt retirement				-7.2
Change in fair value of warrants	-1.2	-2.0
Other non-ooperating expenses					0.0
Other			-0.1	0.3	0.0
Pre-tax income	-41.5	-61.0	-49.0	-53.3	-71.5
Income taxes	1.7	-0.4	0.9	0.7	-3.7
Tax rate		0.7%			5.2%
Net income	-43.2	-60.5	-49.9	-54.0	-67.7
Net margin	-13.6%	-18.9%	-17.2%	-17.3%	-22.9%

Basic EPS [+]	($1.01)	($1.42)	($1.17)	($1.27)	($1.68)
Growth	-28.9%	21.1%	-7.8%	-24.1%
Diluted EPS [+]	($1.01)	($1.42)	($1.17)	($1.27)	($1.68)
Growth	-28.9%	21.1%	-7.6%	-24.3%

Shares outstanding (basic) [+]	42.7	42.6	42.5	42.4	40.4
Growth	0.3%	0.2%	0.2%	5.1%
Shares outstanding (diluted) [+]	42.7	42.6	42.5	42.5	40.4
Growth	0.3%	0.2%	0.0%	5.3%

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