Lulu's Fashion Lounge Holdings, Inc. [Rocket]

In millions, except per share items	Jan-01-23	Jan-02-22	Jan-03-21	Dec-29-19
	10-K	10-K	10-K	10-K
Revenues	439.7	375.6	248.7	369.6
Revenue growth	17.0%	51.1%	-32.7%
Cost of goods sold	248.2	198.9	138.4	208.4
Gross profit	191.4	176.7	110.3	161.2
Gross margin	43.5%	47.1%	44.4%	43.6%
Selling, general and administrative [+]	182.7	154.4	115.0	146.3
Sales and marketing	83.6	66.7	47.8	72.9
General and administrative	99.1	87.7	67.2	73.4
Adjusted EBITDA	29.0	38.8	7.6	20.0
Adjusted EBITDA margin	6.6%	10.3%	3.1%	5.4%
Stock-based compensation	16.1	13.7	9.1	2.0
EBITDA [+]	12.9	25.2	-1.5	18.0
EBITDA growth	-48.8%	-1824.9%	-108.1%
EBITDA margin	2.9%	6.7%	-0.6%	4.9%
Depreciation	2.4	1.2	1.5	1.4
EBITA	10.4	23.9	-3.0	16.5
EBITA margin	2.4%	6.4%	-1.2%	4.5%
Amortization of intangibles	1.7	1.6	1.7	1.6
EBIT [+]	8.7	22.3	-4.7	14.9
EBIT growth	-60.9%	-577.8%	-131.3%
EBIT margin	2.0%	5.9%	-1.9%	4.0%
Interest expense	1.1	12.8	16.0	15.2
Interest expense	1.1	12.8	16.0	15.2
Other income (expense), net [+]	0.1	-1.3	0.1	0.2
Gain (loss) on debt retirement		-1.4
Other non-operating income	0.1	0.1	0.1	0.2
Other	-1.0	-14.1	-15.9	-15.0
Pre-tax income	7.8	8.3	-20.6	0.0
Income taxes	4.0	6.2	-1.3	0.4
Tax rate	52.1%	75.2%	6.2%
Net income	3.7	-122.9	-19.8	-0.5
Net margin	0.8%	-32.7%	-8.0%	-0.1%

Basic EPS [+]	$0.10	($6.08)	($1.13)	($0.03)
Growth	-101.6%	435.8%	4123.5%
Diluted EPS [+]	$0.10	($6.08)	($1.13)	($0.03)
Growth	-101.6%	435.8%	4123.5%

Shares outstanding (basic) [+]	38.6	20.2	17.5	17.5
Growth	90.7%	15.8%	0.0%
Shares outstanding (diluted) [+]	38.9	20.2	17.5	17.5
Growth	92.1%	15.8%	0.0%

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