| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $449M | $332M | $426M | 35.3% | 5.4% |
| Op. Income | $20M | $20M | $76M | -2.0% | -73.7% |
| Gross Margin | 14.4% | 18.1% | 25.5% | -3.7pp | -11.1pp |
| Net Margin | -2.7% | 0.7% | -50.4% | -3.4pp | 47.7pp |
| EPS (Diluted) | $-0.85 | $0.07 | $-6.57 | -1314.3% | 87.1% |
| Free Cash Flow | $131M | -$29M | $182M | 555.6% | -27.9% |
| Item | Amount |
|---|---|
| REVENUE | $449M |
| Cost of Revenue | $384M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $429M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $17M |
| NET INCOME | -$12M |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $28M |
| EBIT | $15M |
| EBITDA | $43M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $120M |
| OPERATING CASH FLOW | $160M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$83M |
| Common Stock Repurchased | -$500.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$700.0K |
| NET CASH FROM FINANCING | -$89M |
| FREE CASH FLOW | $131M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $197M |
| Inventory | $211M |
| Other Current Assets | $69M |
| TOTAL CURRENT ASSETS | $522M |
| PP&E (Net) | $821M |
| Goodwill | $58M |
| Intangible Assets | $48M |
| Long-Term Investments | $50M |
| Tax Assets | $0 |
| Other Non-Current Assets | $148M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $114M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $224M |
| Long-Term Debt | $922M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $65M |
| Other Non-Current Liabilities | $149M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $144M |
| Retained Earnings | $252M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$104M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $287M |
| Minority Interest | $0 |
| TOTAL EQUITY | $287M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $922M |
| Net Debt | $877M |
