| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $452M | $384M | $282M | 17.8% | 60.6% |
| Op. Income | $134M | $122M | $92M | 9.5% | 45.7% |
| Gross Margin | 73.0% | 82.5% | 96.8% | -9.5pp | -23.9pp |
| Net Margin | 24.1% | 25.1% | 27.3% | -1.0pp | -3.2pp |
| EPS (Diluted) | $0.70 | $0.62 | $0.49 | 12.9% | 42.9% |
| Free Cash Flow | $107M | $221M | $147M | -51.6% | -27.5% |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $330M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $125M |
| SG&A Expenses | $133M |
| Other Expenses | $63M |
| Operating Expenses | $196M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $134M |
| Interest Income | $391M |
| Interest Expense | $102M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $15M |
| EBIT | $134M |
| EBITDA | $149M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $330M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $125M |
| SG&A Expenses | $133M |
| Other Expenses | $63M |
| Operating Expenses | $196M |
| Cost & Expenses | $318M |
| OPERATING INCOME | $134M |
| Interest Income | $391M |
| Interest Expense | $102M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $134M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $15M |
| EBIT | $134M |
| EBITDA | $149M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | $124M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$504M |
| Sales/Maturities of Investments | $254M |
| Other Investing Activities | -$1.0B |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $864M |
| Common Stock Repurchased | -$221.0K |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $437M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $594M |
| Short-Term Investments | $2.7B |
| Net Receivables | $144M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $377M |
| Goodwill | $1.1B |
| Intangible Assets | $127M |
| Long-Term Investments | $32.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $35.9B |
| TOTAL ASSETS | $39.4B |
| Account Payables | $0 |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.6B |
| TOTAL CURRENT LIABILITIES | $33.9B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $35.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.9B |
| Treasury Stock | -$525M |
| Accum. Other Comp. Income | -$273M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $39.4B |
| Total Debt | $5.2B |
| Net Debt | $4.6B |
