| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $300M | $276M | $192M | 8.6% | 55.9% |
| Op. Income | $115M | $131M | $98M | -12.1% | 17.6% |
| Gross Margin | 66.3% | 77.0% | 88.9% | -10.8pp | -22.6pp |
| Net Margin | 32.0% | 35.4% | 39.0% | -3.3pp | -7.0pp |
| EPS (Diluted) | $1.32 | $1.33 | $0.99 | -0.8% | 33.3% |
| Free Cash Flow | $121M | $97M | $85M | 24.5% | 41.9% |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $774.0K |
| General & Administrative | $41M |
| SG&A Expenses | $42M |
| Other Expenses | $41M |
| Operating Expenses | $83M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $115M |
| Interest Income | $285M |
| Interest Expense | $93M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $4M |
| EBIT | $115M |
| EBITDA | $120M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $774.0K |
| General & Administrative | $41M |
| SG&A Expenses | $42M |
| Other Expenses | $41M |
| Operating Expenses | $83M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $115M |
| Interest Income | $285M |
| Interest Expense | $93M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $4M |
| EBIT | $115M |
| EBITDA | $120M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$295.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$157M |
| Sales/Maturities of Investments | $105M |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | -$128M |
| Net Debt Issuance | -$125M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $144M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $121M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $252M |
| Short-Term Investments | $2.4B |
| Net Receivables | $82M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $123M |
| Goodwill | $376M |
| Intangible Assets | $6M |
| Long-Term Investments | $18.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $260M |
| TOTAL NON-CURRENT ASSETS | $19.3B |
| TOTAL ASSETS | $22.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.6B |
| TOTAL CURRENT LIABILITIES | $18.6B |
| Long-Term Debt | $502M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $306M |
| TOTAL NON-CURRENT LIABILITIES | $840M |
| TOTAL LIABILITIES | $19.5B |
| Common Stock | $911.0K |
| Additional Paid-In Capital | $984M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$667M |
| Accum. Other Comp. Income | -$91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $22.0B |
| Total Debt | $534M |
| Net Debt | $282M |
