nCino, Inc. [Rocket]

In millions, except per share items	Jan-31-22	Jan-31-21	Jan-31-20
	10-K	10-K	10-K
Revenues
Total revenues	273.9	204.3	138.2
Total revenues growth	34.1%	47.8%
Cost of revenues
Total cost of revenues	111.4	88.1	64.1
Gross profit	162.5	116.2	74.1
Gross margin	59.3%	56.9%	53.6%

Operating expenses
Sales and marketing	82.9	59.7	44.4
Research and development	79.4	58.3	35.3
General and administrative	71.5	40.8	22.5
Total operating expenses	233.8	158.8	102.3
Loss from operations	-71.4	-42.6	-28.2
Operating margin	-26.1%	-20.9%	-20.4%

Non-operating income (expense)
Interest income	0.2	0.4	1.0
Interest expense	-1.5	-0.1
Other expense, net	-1.3	1.7	0.0
Loss before income taxes	-74.0	-40.7	-27.1
Income tax provision	-23.8	0.6	0.6
Net loss	-74.0	-40.7	-27.1

Net loss attributable to redeemable non-controlling interest
Adjustment attributable to redeemable non-controlling interest
Net loss attributable to nCino, Inc.	-49.4	-40.5	-27.6

Net loss per share attributable to nCino, Inc.:
Basic (in USD per share)	($0.51)	($0.46)	($0.35)
Diluted (in USD per share)	($0.51)	($0.46)	($0.35)

Weighted average number of common shares outstanding:
Basic (in shares)	96.7	87.7	78.3
Diluted (in shares)	96.7	87.7	78.3