| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $177M | $165M | 1.1% | 9.0% |
| Op. Income | $22M | $19M | $18M | 19.8% | 25.6% |
| Gross Margin | 22.5% | 20.3% | 21.4% | 2.1pp | 1.1pp |
| Net Margin | 9.4% | 8.3% | 8.4% | 1.1pp | 1.0pp |
| EPS (Diluted) | $0.96 | $0.83 | $0.76 | 15.7% | 26.3% |
| Free Cash Flow | $24M | $5M | $8M | 408.3% | 186.4% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $139M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| 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 | $22M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $139M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| 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 | $22M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$424.0K |
| Other Non-Cash Items | -$71.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $0 |
| Net Receivables | $83M |
| Inventory | $0 |
| Other Current Assets | $83M |
| TOTAL CURRENT ASSETS | $257M |
| PP&E (Net) | $112M |
| Goodwill | $37M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $683.0K |
| Other Non-Current Assets | $95.0K |
| TOTAL NON-CURRENT ASSETS | $151M |
| TOTAL ASSETS | $408M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $109M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $683.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $213M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $211M |
| Retained Earnings | $713M |
| Treasury Stock | -$730M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $195M |
| Minority Interest | $0 |
| TOTAL EQUITY | $195M |
| TOTAL LIABILITIES & EQUITY | $408M |
| Total Debt | $36M |
| Net Debt | -$42M |
