| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $281M | $236M | -$129M | 19.1% | 317.9% |
| Op. Income | $507M | $267M | -$229M | 90.0% | 321.6% |
| Gross Margin | 90.8% | 94.5% | 111.6% | -3.7pp | -20.7pp |
| Net Margin | 56.1% | 62.4% | 287.6% | -6.3pp | -231.5pp |
| EPS (Diluted) | $1.60 | $1.68 | $-6.24 | -4.8% | 125.6% |
| Free Cash Flow | $122M | $77M | -$419M | 58.1% | 129.1% |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $255M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$226M |
| OPERATING INCOME | $507M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$345M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $0 |
| EBIT | $507M |
| EBITDA | $507M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $255M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$226M |
| OPERATING INCOME | $507M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$345M |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $0 |
| EBIT | $507M |
| EBITDA | $507M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$44M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $445M |
| Other Investing Activities | $398M |
| NET CASH FROM INVESTING | $814M |
| Net Debt Issuance | -$578M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$220M |
| NET CASH FROM FINANCING | -$888M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $317M |
| Short-Term Investments | $0 |
| Net Receivables | $78M |
| Inventory | $0 |
| Other Current Assets | -$395M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $16.7B |
| Account Payables | $0 |
| Short-Term Debt | $4.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $193M |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $8.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$8.2B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $494M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $16.7B |
| Total Debt | $12.9B |
| Net Debt | $12.6B |
