Annexon, Inc. (ANNX) [Rocket]

In millions, except per share items	Dec-31-22	Dec-05-22	Dec-31-21	Dec-05-21	Dec-31-20	Dec-31-19	Dec-31-18
	10-K	8-K	10-K	8-K	10-K	10-K	S-1/A
Revenues	0.0	112.5	0.0	100.1	0.0	0.0	15.5
Revenue growth		12.4%				-100.0%
Cost of goods sold	0.0	145.6	0.0	130.7	0.0	0.0	19.1
Gross profit	0.0	-33.1	0.0	-30.6	0.0	0.0	-3.6
Gross margin		-29.4%		-30.6%			-23.3%
Selling, general and administrative [+]	145.6	33.1	130.7	30.6	14.2	8.0	3.6
General and administrative		33.1		30.6	14.2	8.0	3.6
Research and development					49.3	24.5
Other operating expenses	-145.6	79.4	-130.7	69.4			11.9
EBITDA [+]	2.1		2.1		-62.8	-32.0	-18.7
EBITDA growth	-1.6%	11.4%	-103.4%		96.1%	71.6%
EBITDA margin		-129.4%		-130.6%			-120.2%
Depreciation and amortization	2.1		2.1		0.7	0.5	0.5
EBIT [+]	0.0	-145.6	0.0	-130.7	-63.5	-32.5	-19.1
EBIT growth		11.4%	-100.0%		95.2%	69.8%
EBIT margin		-129.4%		-130.6%			-123.3%
Interest income					0.1
Interest income					0.1
Other income (expense), net	141.9	3.7	130.3	0.4		-4.7	0.8
Pre-tax income	141.9	-141.9	130.3	-130.3	-63.4	-37.2	-18.3
Income taxes	283.9	0.0	260.6	0.0	0.0	0.0	0.0
Tax rate	200.0%	0.0%	200.0%	0.0%	0.0%
Net income	-141.9	-0.1	-130.3	-0.1	-70.3	-38.3	0.0
Net margin		-0.1%		-0.1%			-0.1%

Basic EPS [+]	($2.60)	($2.60)	($3.40)	($3.40)	($4.15)	($88.30)	($45.89)
Growth	-23.7%	-23.7%	-18.0%		-95.3%	92.4%
Diluted EPS [+]	($2.60)	($2.60)	($3.40)	($3.40)	($4.15)	($88.30)	($45.89)
Growth	-23.7%	-23.7%	-18.0%		-95.3%	92.4%

Shares outstanding (basic) [+]	54.7	0.1	38.3	0.0	17.0	0.4	0.0
Growth	42.7%	42.7%	125.9%		3813.0%	107536.5%
Shares outstanding (diluted) [+]	54.7	0.1	38.3	0.0	17.0	0.4	0.0
Growth	42.7%	42.7%	125.9%		3813.0%	107536.5%

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