| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $750M | $895M | $1.4B | -16.2% | -45.9% |
| Op. Income | $172M | $359M | $909M | -52.2% | -81.1% |
| Gross Margin | 86.3% | 90.9% | 94.1% | -4.7pp | -7.8pp |
| Net Margin | 17.0% | 31.4% | 46.7% | -14.4pp | -29.7pp |
| EPS (Diluted) | $0.35 | $0.77 | $1.81 | -54.5% | -80.7% |
| Free Cash Flow | -$136M | $292M | $474M | -146.6% | -128.8% |
| Item | Amount |
|---|---|
| REVENUE | $750M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $647M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $189M |
| SG&A Expenses | $189M |
| Other Expenses | $287M |
| Operating Expenses | $476M |
| Cost & Expenses | $579M |
| OPERATING INCOME | $172M |
| Interest Income | $138M |
| Interest Expense | $103M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $159M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $45M |
| EBIT | $172M |
| EBITDA | $216M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $750M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $647M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $189M |
| SG&A Expenses | $189M |
| Other Expenses | $287M |
| Operating Expenses | $476M |
| Cost & Expenses | $579M |
| OPERATING INCOME | $172M |
| Interest Income | $138M |
| Interest Expense | $103M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $159M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $45M |
| EBIT | $172M |
| EBITDA | $216M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $127M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$118M |
| Change in Working Capital | -$175M |
| OPERATING CASH FLOW | -$121M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $50M |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | $185M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$118M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$136M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $681M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $477M |
| Goodwill | $104M |
| Intangible Assets | $794M |
| Long-Term Investments | $2.9B |
| Tax Assets | $16M |
| Other Non-Current Assets | $14.8B |
| TOTAL NON-CURRENT ASSETS | $19.1B |
| TOTAL ASSETS | $21.4B |
| Account Payables | $369M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $369M |
| Long-Term Debt | $8.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.5B |
| TOTAL NON-CURRENT LIABILITIES | $14.2B |
| TOTAL LIABILITIES | $14.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$322M |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $600M |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $21.4B |
| Total Debt | $8.7B |
| Net Debt | $7.1B |
