Great Ajax Corp. (AJX) [Rocket]

In millions, except per share items	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
Total interest income	93.4	98.3	112.4	108.2	91.4	70.7	47.7
Total interest expense	-36.7	-48.7	-59.3	-53.3	-39.1	-25.6	-11.5
Net interest income	56.6	49.6	53.1	54.8	52.3	45.1	36.2
Net interest income after provision for loan losses	56.6	49.6	53.1	54.8	52.3	45.1	36.2
Equity in earnings	0.7	-0.2	1.3	0.8	0.7	0.6
Pre-tax income	42.0	33.5	37.2	31.4	30.3	28.9	25.8
Income taxes	0.2	-0.1	0.1	0.1	0.1	0.0	0.0
Tax rate	0.6%		0.3%	0.2%	0.4%	0.1%	0.0%
Minority interest	-0.1	5.1	2.4	3.0	1.2	1.0	1.0
Net income	41.9	28.5	34.7	28.3	28.9	27.8	24.8
Net margin	53.7%	44.8%	53.5%	48.7%	52.8%	59.6%	65.9%

Basic EPS	$1.83	$1.26	$1.76	$1.52	$1.60	$1.66	$1.68
Diluted EPS	$1.38	$1.26	$1.23	$1.10	$1.24	$1.60	$1.61

Shares outstanding (basic)	22.9	22.6	19.7	18.6	18.1	16.7	14.7
Shares outstanding (diluted)	30.3	22.6	28.2	25.8	23.3	17.5	15.4

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