| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $278M | $282M | $259M | -1.3% | 7.2% |
| Op. Income | $156M | $162M | $144M | -3.9% | 8.2% |
| Gross Margin | 62.8% | 64.4% | 61.6% | -1.6pp | 1.2pp |
| Net Margin | 36.2% | 34.7% | 31.9% | 1.4pp | 4.2pp |
| EPS (Diluted) | $0.21 | $0.20 | $0.17 | 5.0% | 23.5% |
| Free Cash Flow | $154M | $171M | -$157M | -10.0% | 198.6% |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $526.0K |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $156M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $53M |
| EBIT | $156M |
| EBITDA | $208M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $526.0K |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $156M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $53M |
| EBIT | $156M |
| EBITDA | $208M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $100M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $37M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $208M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $262.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $276.0K |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | -$145.0K |
| Common Dividends Paid | -$108M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$155M |
| FREE CASH FLOW | $154M |
| Net Change in Cash | $66.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66.0K |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $91M |
| PP&E (Net) | $3.8B |
| Goodwill | $0 |
| Intangible Assets | $1.2B |
| Long-Term Investments | $627M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $276M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $5M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $3.2B |
| Net Debt | $3.2B |
