| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $655M | $511M | $275M | 28.2% | 138.5% |
| Op. Income | $299M | $296M | $103M | 1.0% | 190.8% |
| Gross Margin | 72.0% | 59.4% | 39.6% | 12.6pp | 32.4pp |
| Net Margin | 55.0% | -56.4% | 29.8% | 111.4pp | 25.2pp |
| EPS (Diluted) | $1.30 | $-1.26 | $0.30 | 203.2% | 333.3% |
| Free Cash Flow | $59M | $64M | $9M | -6.9% | 582.8% |
| Item | Amount |
|---|---|
| REVENUE | $655M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $472M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $162M |
| Operating Expenses | $173M |
| Cost & Expenses | $357M |
| OPERATING INCOME | $299M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $147M |
| INCOME BEFORE TAX | $446M |
| Income Tax Expense | $86M |
| Net Income from Continuing Ops | $360M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $360M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $356M |
| D&A | $110M |
| EBIT | $494M |
| EBITDA | $604M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $655M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $472M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $162M |
| Operating Expenses | $173M |
| Cost & Expenses | $357M |
| OPERATING INCOME | $299M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $147M |
| INCOME BEFORE TAX | $446M |
| Income Tax Expense | $86M |
| Net Income from Continuing Ops | $360M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $360M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $356M |
| D&A | $110M |
| EBIT | $494M |
| EBITDA | $604M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $360M |
| Depreciation & Amortization | $110M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $81M |
| Other Non-Cash Items | -$302M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $240M |
| Capital Expenditure | -$181M |
| Acquisitions (Net) | $138M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$190M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$195M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $268M |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $319M |
| PP&E (Net) | $4.0B |
| Goodwill | $336M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $160M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $315M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $289M |
| TOTAL CURRENT LIABILITIES | $634M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $358M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $116M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$204M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $2.6B |
| Net Debt | $2.6B |
