| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $610M | $508M | $356M | 20.1% | 71.4% |
| Op. Income | $220M | $197M | $111M | 11.3% | 97.8% |
| Gross Margin | 82.1% | 89.6% | 98.3% | -7.5pp | -16.1pp |
| Net Margin | 31.3% | 33.4% | 28.4% | -2.1pp | 2.9pp |
| EPS (Diluted) | $2.90 | $2.59 | $1.54 | 12.0% | 88.3% |
| Free Cash Flow | $136M | $217M | $67M | -37.5% | 102.9% |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $501M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $163M |
| SG&A Expenses | $203M |
| Other Expenses | $79M |
| Operating Expenses | $281M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $220M |
| Interest Income | $505M |
| Interest Expense | $106M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $193M |
| D&A | $18M |
| EBIT | $220M |
| EBITDA | $238M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $501M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $163M |
| SG&A Expenses | $203M |
| Other Expenses | $79M |
| Operating Expenses | $281M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $220M |
| Interest Income | $505M |
| Interest Expense | $106M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $220M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $193M |
| D&A | $18M |
| EBIT | $220M |
| EBITDA | $238M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $191M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$58M |
| OPERATING CASH FLOW | $183M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16.0B |
| Sales/Maturities of Investments | $14.5B |
| Other Investing Activities | -$205M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $2.6B |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$57M |
| Other Financing Activities | -$2.6B |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $136M |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.8B |
| Short-Term Investments | $18.2B |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31.1B |
| PP&E (Net) | $1.1B |
| Goodwill | $655M |
| Intangible Assets | $386.0K |
| Long-Term Investments | $19.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $426M |
| TOTAL NON-CURRENT ASSETS | $21.8B |
| TOTAL ASSETS | $52.9B |
| Account Payables | $866M |
| Short-Term Debt | $4.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44.0B |
| TOTAL CURRENT LIABILITIES | $49.5B |
| Long-Term Debt | $222M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $222M |
| TOTAL LIABILITIES | $49.8B |
| Common Stock | $643.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $3.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $52.9B |
| Total Debt | $4.9B |
| Net Debt | -$6.9B |
