| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $165M | $146M | 4.2% | 17.8% |
| Op. Income | $26M | $18M | $19M | 48.5% | 35.7% |
| Gross Margin | 25.1% | 21.4% | 24.5% | 3.7pp | 0.6pp |
| Net Margin | 11.5% | 8.4% | 10.2% | 3.0pp | 1.3pp |
| EPS (Diluted) | $1.09 | $0.76 | $0.80 | 43.4% | 36.3% |
| Free Cash Flow | $5M | $8M | $17M | -34.9% | -67.3% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $6M |
| EBIT | $26M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $6M |
| EBIT | $26M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $100.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $83M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $265M |
| PP&E (Net) | $111M |
| Goodwill | $37M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | -$22M |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $415M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $96M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $171M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $203M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $202M |
| Retained Earnings | $665M |
| Treasury Stock | -$655M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $212M |
| Minority Interest | $0 |
| TOTAL EQUITY | $212M |
| TOTAL LIABILITIES & EQUITY | $415M |
| Total Debt | $43M |
| Net Debt | -$54M |
