| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $159M | $138M | 10.5% | 27.6% |
| Op. Income | $30M | $25M | $22M | 17.8% | 33.6% |
| Gross Margin | 39.5% | 39.5% | 39.7% | 0.0pp | -0.2pp |
| Net Margin | 12.8% | 12.2% | 12.1% | 0.6pp | 0.7pp |
| EPS (Diluted) | $0.76 | $0.66 | $0.57 | 15.2% | 33.3% |
| Free Cash Flow | $20M | $14M | $18M | 46.8% | 11.5% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $30M |
| Interest Income | $827.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $794.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $7M |
| EBIT | $29M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $30M |
| Interest Income | $827.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $794.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $7M |
| EBIT | $29M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$366.0K |
| Other Non-Cash Items | -$185.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$75.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $145M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $389M |
| PP&E (Net) | $75M |
| Goodwill | $114M |
| Intangible Assets | $58M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $271M |
| TOTAL ASSETS | $659M |
| Account Payables | $81M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $184M |
| Common Stock | $37M |
| Additional Paid-In Capital | $56M |
| Retained Earnings | $424M |
| Treasury Stock | -$37M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $476M |
| Minority Interest | $0 |
| TOTAL EQUITY | $476M |
| TOTAL LIABILITIES & EQUITY | $659M |
| Total Debt | $0 |
| Net Debt | -$142M |
