| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | — | $5.0B | — | -68.8% |
| Op. Income | $155M | — | -$40M | — | 487.5% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | 9.0% | — | -0.9% | — | 9.9pp |
| EPS (Diluted) | $2.87 | — | $-1.25 | — | 329.6% |
| Free Cash Flow | -$280M | — | $903M | — | -131.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.4B |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $83M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $145M |
| D&A | -$2M |
| EBIT | $155M |
| EBITDA | $153M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.4B |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $83M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $145M |
| D&A | -$2M |
| EBIT | $155M |
| EBITDA | $153M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | -$2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | -$319M |
| Change in Working Capital | -$104M |
| OPERATING CASH FLOW | -$269M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$228M |
| Purchases of Investments | -$10.2B |
| Sales/Maturities of Investments | $7.9B |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $2.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.4B |
| NET CASH FROM FINANCING | $460M |
| FREE CASH FLOW | -$280M |
| Net Change in Cash | -$1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $2.9B |
| Net Receivables | $483M |
| Inventory | $0 |
| Other Current Assets | -$5.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $194M |
| Goodwill | $121M |
| Intangible Assets | $52M |
| Long-Term Investments | $20.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$20.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $43.5B |
| Account Payables | $151M |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $78M |
| Other Current Liabilities | -$2.3B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.0B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $39.2B |
| Common Stock | $1.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $310M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$523M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $8M |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $43.5B |
| Total Debt | $3.8B |
| Net Debt | $1.7B |
