| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $525M | $655M | $340M | -19.9% | 54.1% |
| Op. Income | $337M | $299M | $160M | 12.7% | 110.8% |
| Gross Margin | 65.9% | 72.0% | 49.2% | -6.1pp | 16.7pp |
| Net Margin | -21.2% | 55.0% | -39.4% | -76.2pp | 18.2pp |
| EPS (Diluted) | $-0.50 | $1.30 | $-0.60 | -138.5% | 16.7% |
| Free Cash Flow | $71M | $59M | $28M | 19.3% | 157.1% |
| Item | Amount |
|---|---|
| REVENUE | $525M |
| Cost of Revenue | $179M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $1M |
| Operating Expenses | $9M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $337M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$480M |
| INCOME BEFORE TAX | -$143M |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | -$111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$116M |
| D&A | $107M |
| EBIT | -$97M |
| EBITDA | $10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$111M |
| Depreciation & Amortization | $107M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $326M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $284M |
| Capital Expenditure | -$213M |
| Acquisitions (Net) | $45.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$213M |
| Net Debt Issuance | -$85M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18.0K |
| NET CASH FROM FINANCING | -$89M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $240M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $268M |
| PP&E (Net) | $4.1B |
| Goodwill | $336M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $319M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $518M |
| TOTAL CURRENT LIABILITIES | $938M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $173M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $116M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$320M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $2.5B |
| Net Debt | $2.5B |
