| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $946M | $511M | 25.8% | 132.8% |
| Op. Income | $771M | $649M | $296M | 18.8% | 160.7% |
| Gross Margin | 65.7% | 69.8% | 59.4% | -4.2pp | 6.2pp |
| Net Margin | 29.9% | 39.8% | -56.4% | -9.9pp | 86.3pp |
| EPS (Diluted) | $1.28 | $1.36 | $-1.26 | -5.9% | 201.6% |
| Free Cash Flow | $281M | $109M | $64M | 158.3% | 340.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $409M |
| GROSS PROFIT | $781M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $771M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$313M |
| INCOME BEFORE TAX | $458M |
| Income Tax Expense | $103M |
| Net Income from Continuing Ops | $356M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $356M |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $356M |
| D&A | $129M |
| EBIT | $500M |
| EBITDA | $629M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $409M |
| GROSS PROFIT | $781M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $771M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$313M |
| INCOME BEFORE TAX | $458M |
| Income Tax Expense | $103M |
| Net Income from Continuing Ops | $356M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $356M |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $356M |
| D&A | $129M |
| EBIT | $500M |
| EBITDA | $629M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $356M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $78M |
| Other Non-Cash Items | $97M |
| Change in Working Capital | $669.0K |
| OPERATING CASH FLOW | $534M |
| Capital Expenditure | -$253M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$268M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$259M |
| FREE CASH FLOW | $281M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $634M |
| Inventory | $31M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $709M |
| PP&E (Net) | $4.5B |
| Goodwill | $336M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $617M |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $373M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $346M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $117M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $404M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $2.5B |
| Net Debt | $2.5B |
