| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $463M | $291M | $317M | 59.2% | 45.9% |
| Op. Income | $121M | $17M | $91M | 625.7% | 33.3% |
| Gross Margin | 59.5% | 61.7% | 60.9% | -2.2pp | -1.4pp |
| Net Margin | 12.5% | -3.7% | 13.5% | 16.2pp | -1.1pp |
| EPS (Diluted) | $-0.14 | $0.39 | $0.53 | -136.4% | -126.7% |
| Free Cash Flow | $38M | -$92M | -$22M | 140.6% | 273.9% |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $187M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $65M |
| General & Administrative | $55M |
| SG&A Expenses | $120M |
| Other Expenses | $35M |
| Operating Expenses | $154M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $121M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $24M |
| EBIT | $121M |
| EBITDA | $144M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $187M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $65M |
| General & Administrative | $55M |
| SG&A Expenses | $120M |
| Other Expenses | $35M |
| Operating Expenses | $154M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $121M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $24M |
| EBIT | $121M |
| EBITDA | $144M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | $60M |
| Change in Working Capital | -$107M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $650.1K |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $705.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $201M |
| Short-Term Investments | $0 |
| Net Receivables | $201M |
| Inventory | $688M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $408M |
| Goodwill | $1.9B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $124M |
| Short-Term Debt | $49M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $381M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $97M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $214M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $224M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $2.3B |
| Net Debt | $2.1B |
