Benson Hill, Inc. [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	10-Q	8-K	10-Q	10-Q	10-K	10-Q	10-Q
Total revenues				235.5	181.5	147.2	127.0	123.2
Revenue growth				91.1%
Cost of goods sold				240.2	192.0	148.2	124.4	119.7
Gross profit				-4.7	-10.4	-0.9	2.7	3.6
Gross margin				-2.0%	-5.8%	-0.6%	2.1%	2.9%
Selling, general and administrative [+]				92.6	90.9	84.4	73.2	54.3
Sales and marketing				68.6	66.9		60.4	41.5
General and administrative						24.0
Research and development				48.9	45.7	40.6	34.3	30.6
Other operating expenses								-2.8
EBITDA [+]				-130.9	-131.7	-113.3		-71.0
EBITDA growth				84.5%
EBITDA margin				-55.6%	-72.5%	-77.0%	-74.4%	-57.6%
Depreciation and amortization				15.3	12.6	9.8		7.6
EBIT [+]				-146.2	-144.3	-123.1	-102.0	-78.5
EBIT growth				86.1%
EBIT margin				-62.1%	-79.5%	-83.6%	-80.3%	-63.7%
Interest expense				11.8	9.6	4.5	5.7	6.8
Interest expense				11.8	9.6	4.5	5.7	6.8
Other income (expense), net [+]				39.2	32.8	1.5	3.4	-1.9
Gain (loss) on debt retirement							-11.7
Change in fair value of warrants				-52.5	-44.9	-12.1	-12.6	2.5
Other				-1.5	-0.4	1.2	2.6	0.6
Pre-tax income				-118.8	-121.1	-126.0	-109.2	-92.0
Income taxes				0.2	0.2	0.2	0.3	0.0
Tax rate					-0.2%			-0.1%
Net income				-120.6	-120.5	-126.2	-109.4	-92.1
Net margin				-51.2%	-66.4%	-85.8%	-86.1%	-74.7%

Basic EPS [+]				($0.81)	($0.95)	($1.10)	($1.04)	($0.94)
Growth				-13.7%
Diluted EPS [+]				($0.81)	($0.95)	($1.10)	($1.04)	($0.94)
Growth				-13.7%

Shares outstanding (basic) [+]				146.7	127.6	114.6	105.0	98.0
Growth				49.7%
Shares outstanding (diluted) [+]				146.7	127.6	114.6	105.0	98.0
Growth				49.7%

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