| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $289M | $224M | $153M | 28.9% | 88.4% |
| Op. Income | $102M | $76M | $81M | 33.2% | 24.8% |
| Gross Margin | 37.4% | 37.7% | 58.3% | -0.3pp | -20.9pp |
| Net Margin | 19.1% | 3.0% | 32.8% | 16.0pp | -13.7pp |
| EPS (Diluted) | $0.19 | $0.04 | $0.48 | 379.8% | -60.4% |
| Free Cash Flow | -$10M | -$21M | $8M | 54.6% | -218.1% |
| Item | Amount |
|---|---|
| REVENUE | $289M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $54M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | -$22M |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $112M |
| EBIT | $122M |
| EBITDA | $234M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $289M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $54M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | -$22M |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $112M |
| EBIT | $122M |
| EBITDA | $234M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $118M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $168M |
| Capital Expenditure | -$178M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $102.0K |
| NET CASH FROM INVESTING | -$178M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$501.0K |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $185M |
| Inventory | $0 |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $290M |
| PP&E (Net) | $4.0B |
| Goodwill | $336M |
| Intangible Assets | $0 |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $231.0K |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $253M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $129M |
| TOTAL CURRENT LIABILITIES | $392M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $212M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $95M |
| Additional Paid-In Capital | $909M |
| Retained Earnings | $139M |
| 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 | $2.9B |
| Net Debt | $2.9B |
