| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $497M | $459M | $247M | 8.1% | 101.5% |
| Op. Income | $33M | $66M | -$24M | -49.7% | 240.9% |
| Gross Margin | 18.9% | 13.5% | 7.7% | 5.5pp | 11.2pp |
| Net Margin | 2.2% | 8.5% | -11.7% | -6.4pp | 13.9pp |
| EPS (Diluted) | $0.59 | $2.18 | $-1.79 | -72.9% | 133.0% |
| Free Cash Flow | $76M | -$63M | -$125M | 219.2% | 160.6% |
| Item | Amount |
|---|---|
| REVENUE | $497M |
| Cost of Revenue | $403M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $39M |
| Operating Expenses | $61M |
| Cost & Expenses | $464M |
| OPERATING INCOME | $33M |
| Interest Income | $476.0K |
| Interest Expense | $19M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $47M |
| EBIT | $34M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $497M |
| Cost of Revenue | $403M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $39M |
| Operating Expenses | $61M |
| Cost & Expenses | $464M |
| OPERATING INCOME | $33M |
| Interest Income | $476.0K |
| Interest Expense | $19M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $47M |
| EBIT | $34M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $56M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $165M |
| Capital Expenditure | -$89M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$220M |
| Sales/Maturities of Investments | $275M |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | $114M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$33M |
| NET CASH FROM FINANCING | $80M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $165M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $401M |
| Short-Term Investments | $819M |
| Net Receivables | $63M |
| Inventory | $28M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $2.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $19M |
| Other Non-Current Assets | $248M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $44M |
| Short-Term Debt | $130M |
| Deferred Revenue | $307M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $663M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $365M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $692M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$638M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.9B |
| Net Debt | $1.5B |
