| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $159M | $147M | $132M | 8.0% | 20.2% |
| Op. Income | $25M | $22M | $19M | 11.4% | 32.8% |
| Gross Margin | 39.5% | 38.7% | 38.3% | 0.8pp | 1.2pp |
| Net Margin | 12.2% | 11.9% | 10.8% | 0.3pp | 1.4pp |
| EPS (Diluted) | $0.66 | $0.60 | $0.49 | 10.0% | 34.7% |
| Free Cash Flow | $14M | $29M | $8M | -51.9% | 68.9% |
| Item | Amount |
|---|---|
| REVENUE | $159M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $25M |
| Interest Income | $622.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $590.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $7M |
| EBIT | $25M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $159M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $25M |
| Interest Income | $622.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $590.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $7M |
| EBIT | $25M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$10.0K |
| Other Non-Cash Items | -$37.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $132M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $361M |
| PP&E (Net) | $75M |
| Goodwill | $114M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $273M |
| TOTAL ASSETS | $633M |
| Account Payables | $80M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $175M |
| Common Stock | $37M |
| Additional Paid-In Capital | $54M |
| Retained Earnings | $408M |
| Treasury Stock | -$37M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $458M |
| Minority Interest | $0 |
| TOTAL EQUITY | $458M |
| TOTAL LIABILITIES & EQUITY | $633M |
| Total Debt | $0 |
| Net Debt | -$128M |
