| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $411M | $436M | $366M | -5.7% | 12.4% |
| Op. Income | $18M | $30M | $13M | -39.4% | 42.5% |
| Gross Margin | 34.0% | 33.6% | 31.2% | 0.4pp | 2.8pp |
| Net Margin | 0.5% | 0.3% | -2.0% | 0.2pp | 2.5pp |
| EPS (Diluted) | $0.01 | $0.01 | $-0.04 | 0.0% | 124.3% |
| Free Cash Flow | $32M | $16M | $40M | 98.9% | -20.8% |
| Item | Amount |
|---|---|
| REVENUE | $411M |
| Cost of Revenue | $272M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $114M |
| SG&A Expenses | $114M |
| Other Expenses | $7M |
| Operating Expenses | $121M |
| Cost & Expenses | $393M |
| OPERATING INCOME | $18M |
| Interest Income | $44.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $990.0K |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $7M |
| EBIT | $13M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $411M |
| Cost of Revenue | $272M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $114M |
| SG&A Expenses | $114M |
| Other Expenses | $7M |
| Operating Expenses | $121M |
| Cost & Expenses | $393M |
| OPERATING INCOME | $18M |
| Interest Income | $44.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $990.0K |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $7M |
| EBIT | $13M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$27.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$697.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $0 |
| Net Receivables | $197M |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $343M |
| PP&E (Net) | $78M |
| Goodwill | $1.4B |
| Intangible Assets | $78M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $47M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $92M |
| TOTAL CURRENT LIABILITIES | $220M |
| Long-Term Debt | $830M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $980M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$448M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $757M |
| Minority Interest | $0 |
| TOTAL EQUITY | $757M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $893M |
| Net Debt | $772M |
