JANUS HENDERSON GROUP PLC (JHG) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Australia and other	51.4	55.7	52.9	54.7
Other	2,152.2	2,711.3	2,245.7	2,137.7
Revenues [+]	2,203.6	2,767.0	2,298.6	2,192.4	2,306.4	1,818.3	1,018.2	1,155.1
Investment advisory								914.7
Performance fees								150.8
Other								89.6
Revenue growth [+]	-20.4%	20.4%	4.8%	-4.9%	26.8%	78.6%	-11.9%
Australia and other	-7.7%	5.3%	-3.3%
Cost of goods sold	611.5	693.3	618.6	602.5	613.0	543.3	273.5	317.1
Gross profit	1,592.1	2,073.7	1,680.0	1,589.9	1,693.4	1,275.0	744.7	838.0
Gross margin	72.2%	74.9%	73.1%	72.5%	73.4%	70.1%	73.1%	72.5%
Selling, general and administrative [+]	804.7	857.6	735.9	736.2	738.3	585.3	241.3	249.8
Sales and marketing	525.4	585.8	480.7	475.4	484.6	383.1	241.3	249.8
General and administrative	279.3	271.8	255.2	260.8	253.7	202.2
Other operating expenses	230.1	232.6	220.1	232.2	235.5	194.6	243.5	247.5
EBITDA [+]	557.3	983.5	724.0	621.5	719.6	495.1	259.9	340.7
EBITDA growth	-43.3%	35.8%	16.5%	-13.6%	45.3%	90.5%	-23.7%
EBITDA margin	25.3%	35.5%	31.5%	28.3%	31.2%	27.2%	25.5%	29.5%
Depreciation	28.0	33.0	49.2	62.6	62.6	52.8	27.8	23.4
EBITA	529.3	950.5	674.8	558.9	657.0	442.3	232.1	317.3
EBITA margin	24.0%	34.4%	29.4%	25.5%	28.5%	24.3%	22.8%	27.5%
Amortization of intangibles	3.7	7.7
EBIT [+]	525.6	942.8	674.8	558.9	657.0	442.3	232.1	317.3
EBIT growth	-44.3%	39.7%	20.7%	-14.9%	48.5%	90.6%	-26.9%
EBIT margin	23.9%	34.1%	29.4%	25.5%	28.5%	24.3%	22.8%	27.5%
Non-recurring items [+]	35.8	121.9	546.5	18.0	7.2
Asset impairment	35.8	121.9	546.5	18.0	7.2
Interest expense	12.6	12.8	12.9	15.1	15.7	11.9	6.6	20.1
Interest expense	12.6	12.8	12.9	15.1	15.7	11.9	6.6	20.1
Other income (expense), net [+]	-101.8	9.6	88.1	57.7	27.7	17.0	-13.6	40.3
Gain (loss) on investments	-113.3	0.8	57.5	34.2	-40.9	18.0	-11.7	39.7
Other	11.5	8.8	30.6	23.5	68.6	-1.0	-1.9	0.6
Pre-tax income	375.4	817.7	203.5	583.5	661.8	447.4	211.9	337.5
Income taxes	100.9	205.3	52.2	137.8	162.2	-211.0	34.6	6.1
Tax rate	26.9%	25.1%	25.7%	23.6%	24.5%		16.3%	1.8%
Minority interest	97.9	7.6	-21.0	-18.1	24.2	-2.9	11.7	-1.6
Net income	372.4	620.0	130.3	427.6	523.8	655.5	189.0	329.8
Net margin	16.9%	22.4%	5.7%	19.5%	22.7%	36.1%	18.6%	28.6%

Basic EPS [+]	$2.30	$3.69	$0.73	$2.27	$2.69	$4.08	$1.73	$3.02
Growth	-37.6%	408.4%	-68.1%	-15.3%	-34.1%	135.5%	-42.6%
Diluted EPS [+]	$2.30	$3.68	$0.72	$2.27	$2.67	$4.04	$1.70	$2.86
Growth	-37.5%	408.0%	-68.1%	-15.2%	-33.8%	137.4%	-40.5%

Dividends per share [+]	$1.55	$1.50	$1.44	$1.44	$1.40	$0.73	$1.44	$1.47
Growth	3.3%	4.2%	0.0%	2.9%	91.4%	-49.3%	-2.0%

Shares outstanding (basic) [+]	161.7	167.9	179.4	188.0	195.0	160.7	109.1	109.3
Growth	-3.7%	-6.4%	-4.6%	-3.6%	21.3%	47.3%	-0.2%
Shares outstanding (diluted) [+]	162.0	168.5	179.9	188.6	195.9	162.3	111.1	115.4
Growth	-3.9%	-6.3%	-4.6%	-3.7%	20.7%	46.1%	-3.7%

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