Goosehead Insurance, Inc. (GSHD) [Rocket]

In millions, except per share items	Dec-31-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Mar-31-21	Dec-31-20
	8-K	10-Q	8-K	10-K	8-K	10-Q	10-Q	10-K
Revenues:
Corporate Channel							65.4	61.1
Franchise Channel							62.5	56.0
Initial Franchise Fees							4.7	4.2
Total revenues [+]		176.2	161.4	151.3	145.7	136.1	127.8	117.0
Franchise			39.9		19.0
Net interest income			0.3
Revenue growth [+]		29.5%	26.2%	29.3%	51.5%	59.5%	70.9%	51.0%
Corporate Channel							55.6%	42.5%
Franchise Channel							90.5%	61.5%
Cost of goods sold [+]		112.4	103.2	93.0	97.7	107.4	100.8	93.0
Labor costs								66.8
Gross profit		63.8	58.1	58.3	48.1	28.7	27.0	24.0
Gross margin		36.2%	36.0%	38.5%	33.0%	21.1%	21.1%	20.5%
Selling, general and administrative [+]		48.2	46.0	41.7	38.0	33.7	28.9	25.5
General and administrative		48.2	46.0	41.7	38.0	33.7	28.9	25.5
Other operating expenses		5.9	4.9	3.0	-5.9	-24.1	-24.5	-24.6
Adjusted EBITDA						26.0	29.0	28.3
Adjusted EBITDA margin						19.1%	22.7%	24.1%
Stock-based compensation						6.6	6.2	4.7
EBITDA [+]		9.9		13.9	16.2	19.4	22.8	23.5
EBITDA growth		-49.0%	-66.9%	-40.8%	3.0%	61.0%	185.3%	45.0%
EBITDA margin		5.6%	4.7%	9.2%	11.1%	14.3%	17.9%	20.1%
Depreciation and amortization		4.6		5.2	4.5	4.3	3.9	3.6
EBIT [+]		5.3	3.4	8.7	11.7	15.1	18.9	19.9
EBIT growth		-65.2%	-82.2%	-56.5%	-7.6%	61.7%	239.0%	41.7%
EBIT margin		3.0%	2.1%	5.7%	8.0%	11.1%	14.8%	17.0%
Interest expense, net [+]		2.8		2.6	2.0	1.7	1.4	1.5
Interest expense		2.8		2.9	2.5	2.4	2.3	2.3
Interest income							0.9	0.8
Other income (expense), net [+]			-0.7	-0.1	-0.3	-0.6	-0.9	-0.7
Other				0.5	0.1	0.2	0.0	0.1
Pre-tax income		1.6	0.4	6.0	9.3	12.9	16.7	17.7
Income taxes		-1.7	-3.6	-2.3	-3.1	-0.8	-1.3	-1.0
Tax rate		-103.9%	-895.5%	-38.2%		-6.4%	-7.7%
Minority interest		4.9		3.8		6.6	8.9	9.5
Net income		2.4	3.5	5.4	7.9	7.2	9.0	9.3
Net margin		1.4%	2.2%	3.6%	5.4%	5.3%	7.1%	7.9%

Basic EPS [+]		$0.12	$0.18	$0.29	$0.44	$0.40	$0.52	$0.56
Growth		-69.6%	-64.9%	-48.7%	23.2%	82.2%	744.1%	132.5%
Diluted EPS [+]		$0.12	$0.17	$0.27	$0.41	$0.38	$0.49	$0.52
Growth		-69.2%	-64.8%	-48.5%	23.3%	82.0%	739.9%	135.0%

Dividends per share [+]				$3.20
Growth	-100.0%	165.4%	171.1%	177.9%	-100.0%	573.4%	-10.9%	180.5%

Shares outstanding (basic) [+]		19.7	19.2	18.8	18.2	17.8	17.2	16.5
Growth		10.3%	11.6%	13.5%	13.1%	15.0%	14.1%	12.0%
Shares outstanding (diluted) [+]		20.7	20.4	20.0	19.4	19.0	18.4	17.7
Growth		8.7%	11.1%	12.9%	13.1%	15.1%	14.7%	10.8%

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