| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $728M | $636M | $545M | 14.5% | 33.7% |
| Op. Income | $22M | $15M | $11M | 45.6% | 109.7% |
| Gross Margin | 8.1% | 9.1% | 8.8% | -1.0pp | -0.7pp |
| Net Margin | 2.4% | 1.7% | 1.4% | 0.6pp | 1.0pp |
| EPS (Diluted) | $0.49 | $0.31 | $0.20 | 58.1% | 145.0% |
| Free Cash Flow | -$31M | -$85M | -$7M | 63.1% | -334.2% |
| Item | Amount |
|---|---|
| REVENUE | $728M |
| Cost of Revenue | $669M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $482.0K |
| Operating Expenses | $36M |
| Cost & Expenses | $706M |
| OPERATING INCOME | $22M |
| Interest Income | $261.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| 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 | $11M |
| EBIT | $23M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $728M |
| Cost of Revenue | $669M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $482.0K |
| Operating Expenses | $36M |
| Cost & Expenses | $706M |
| OPERATING INCOME | $22M |
| Interest Income | $261.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| 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 | $11M |
| EBIT | $23M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $61M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$17.0K |
| NET CASH FROM FINANCING | $52M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $262M |
| Short-Term Investments | $0 |
| Net Receivables | $626M |
| Inventory | $667M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $297M |
| Goodwill | $192M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $566M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $501M |
| Short-Term Debt | $3M |
| Deferred Revenue | $174M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $785M |
| Long-Term Debt | $262M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $84.0K |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $396M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $4M |
| Additional Paid-In Capital | $509M |
| Retained Earnings | $491M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $986M |
| Minority Interest | $0 |
| TOTAL EQUITY | $986M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $356M |
| Net Debt | $93M |
