| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $946M | $525M | $344M | 80.3% | 175.3% |
| Op. Income | $649M | $337M | $146M | 92.7% | 343.1% |
| Gross Margin | 69.8% | 65.9% | 44.9% | 3.9pp | 24.9pp |
| Net Margin | 39.8% | -21.2% | -52.3% | 61.1pp | 92.1pp |
| EPS (Diluted) | $1.36 | $-0.50 | $-0.80 | 372.0% | 270.0% |
| Free Cash Flow | $109M | $71M | $19M | 53.7% | 463.9% |
| Item | Amount |
|---|---|
| REVENUE | $946M |
| Cost of Revenue | $286M |
| GROSS PROFIT | $661M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $2M |
| Operating Expenses | $11M |
| Cost & Expenses | $297M |
| OPERATING INCOME | $649M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$164M |
| INCOME BEFORE TAX | $485M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $377M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $377M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $373M |
| D&A | $119M |
| EBIT | $530M |
| EBITDA | $649M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $946M |
| Cost of Revenue | $286M |
| GROSS PROFIT | $661M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $2M |
| Operating Expenses | $11M |
| Cost & Expenses | $297M |
| OPERATING INCOME | $649M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$164M |
| INCOME BEFORE TAX | $485M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $377M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $377M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $373M |
| D&A | $119M |
| EBIT | $530M |
| EBITDA | $649M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $377M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $95M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $411M |
| Capital Expenditure | -$302M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$311M |
| Net Debt Issuance | -$74M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $472M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $531M |
| PP&E (Net) | $4.4B |
| Goodwill | $336M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $455M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $326M |
| TOTAL CURRENT LIABILITIES | $965M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $268M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $117M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $2.6B |
| Net Debt | $2.6B |
