| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $464M | — | $277M | — | 67.6% |
| Op. Income | $33M | — | $18M | — | 89.0% |
| Gross Margin | 45.2% | — | 54.4% | — | -9.2pp |
| Net Margin | -5.4% | — | 25.8% | — | -31.2pp |
| EPS (Diluted) | $-0.74 | — | $1.86 | — | -139.8% |
| Free Cash Flow | $123M | — | $102M | — | 20.7% |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $254M |
| GROSS PROFIT | $209M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $172M |
| Other Expenses | $0 |
| Operating Expenses | $176M |
| Cost & Expenses | $431M |
| OPERATING INCOME | $33M |
| Interest Income | $1M |
| Interest Expense | $63M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $139M |
| EBIT | $34M |
| EBITDA | $173M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $139M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $124M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$572M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$574M |
| Net Debt Issuance | $443M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $437M |
| FREE CASH FLOW | $123M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $0 |
| Net Receivables | $183M |
| Inventory | $47M |
| Other Current Assets | $57.0K |
| TOTAL CURRENT ASSETS | $420M |
| PP&E (Net) | $26M |
| Goodwill | $134M |
| Intangible Assets | $567M |
| Long-Term Investments | $0 |
| Tax Assets | $24M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $754M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $3M |
| Short-Term Debt | $163M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $434M |
| Long-Term Debt | $538M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $546M |
| TOTAL LIABILITIES | $979M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $538M |
| Retained Earnings | -$281M |
| Treasury Stock | -$62M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $195M |
| Minority Interest | $0 |
| TOTAL EQUITY | $195M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $709M |
| Net Debt | $535M |
