| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $577M | $467M | $255M | 23.6% | 125.8% |
| Op. Income | $184M | $95M | -$2M | 94.0% | 9107.1% |
| Gross Margin | 35.3% | 25.5% | 2.8% | 9.9pp | 32.6pp |
| Net Margin | 25.8% | 15.7% | -12.2% | 10.1pp | 38.0pp |
| EPS (Diluted) | $1.33 | $0.65 | $-0.28 | 104.5% | 578.9% |
| Free Cash Flow | $75M | $82M | -$24M | -8.8% | 411.9% |
| Item | Amount |
|---|---|
| REVENUE | $577M |
| Cost of Revenue | $373M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $292.3K |
| Operating Expenses | $53M |
| Cost & Expenses | $426M |
| OPERATING INCOME | $184M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $15M |
| EBIT | $175M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $577M |
| Cost of Revenue | $373M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $292.3K |
| Operating Expenses | $53M |
| Cost & Expenses | $426M |
| OPERATING INCOME | $184M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $15M |
| EBIT | $175M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $149M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | -$292.3K |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$104M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$66M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $511.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $243M |
| Inventory | $343M |
| Other Current Assets | $91M |
| TOTAL CURRENT ASSETS | $730M |
| PP&E (Net) | $502M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $2M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $510M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $50M |
| Short-Term Debt | $12M |
| Deferred Revenue | $110M |
| Other Current Liabilities | $144M |
| TOTAL CURRENT LIABILITIES | $243M |
| Long-Term Debt | $376M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $356M |
| TOTAL NON-CURRENT LIABILITIES | $733M |
| TOTAL LIABILITIES | $976M |
| Common Stock | $299M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | -$33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $265M |
| Minority Interest | $0 |
| TOTAL EQUITY | $265M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $388M |
| Net Debt | $372M |
