| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $171M | $153M | 2.9% | 15.5% |
| Op. Income | $21M | $26M | $21M | -19.3% | 3.1% |
| Gross Margin | 22.6% | 25.1% | 24.4% | -2.5pp | -1.8pp |
| Net Margin | 9.5% | 11.5% | 11.0% | -2.0pp | -1.6pp |
| EPS (Diluted) | $0.94 | $1.09 | $0.92 | -13.8% | 2.2% |
| Free Cash Flow | $22M | $5M | $8M | 297.2% | 170.6% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $6M |
| EBIT | $21M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $6M |
| EBIT | $21M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$344.0K |
| Other Non-Cash Items | $454.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $261M |
| PP&E (Net) | $116M |
| Goodwill | $37M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | -$834.0K |
| TOTAL NON-CURRENT ASSETS | $155M |
| TOTAL ASSETS | $416M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $100M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $181M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $210M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $205M |
| Retained Earnings | $682M |
| Treasury Stock | -$681M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $206M |
| Minority Interest | $0 |
| TOTAL EQUITY | $206M |
| TOTAL LIABILITIES & EQUITY | $416M |
| Total Debt | $40M |
| Net Debt | -$54M |
