| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $137M | $139M | 24.8% | 22.9% |
| Op. Income | $17M | $8M | $7M | 107.6% | 153.1% |
| Gross Margin | 26.6% | 25.0% | 24.7% | 1.7pp | 2.0pp |
| Net Margin | 10.0% | 3.7% | 5.7% | 6.3pp | 4.3pp |
| EPS (Diluted) | $1.36 | $0.40 | $0.64 | 240.0% | 112.5% |
| Free Cash Flow | $17M | -$10M | -$5M | 277.6% | 451.2% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $45M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $31.0K |
| Operating Expenses | $29M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $779.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $45M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $31.0K |
| Operating Expenses | $29M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $779.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $511.0K |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$125.0K |
| Change in Working Capital | -$31.0K |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$349.0K |
| Common Dividends Paid | -$823.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $122M |
| Inventory | $161M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $361M |
| PP&E (Net) | $60M |
| Goodwill | $25M |
| Intangible Assets | $57M |
| Long-Term Investments | $4M |
| Tax Assets | $7M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $181M |
| TOTAL ASSETS | $542M |
| Account Payables | $70M |
| Short-Term Debt | $7M |
| Deferred Revenue | $302.0K |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $113M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $188M |
| TOTAL LIABILITIES | $316M |
| Common Stock | $1M |
| Additional Paid-In Capital | $40M |
| Retained Earnings | $208M |
| Treasury Stock | -$349.0K |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $226M |
| Minority Interest | $0 |
| TOTAL EQUITY | $226M |
| TOTAL LIABILITIES & EQUITY | $542M |
| Total Debt | $137M |
| Net Debt | $71M |
