| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $199M | $180M | $128M | 10.4% | 55.0% |
| Op. Income | $32M | $27M | $16M | 20.7% | 105.0% |
| Gross Margin | 35.7% | 33.9% | 34.6% | 1.8pp | 1.1pp |
| Net Margin | 13.9% | 11.9% | 7.1% | 2.0pp | 6.9pp |
| EPS (Diluted) | $0.49 | $0.38 | $0.16 | 28.6% | 200.0% |
| Free Cash Flow | $22M | $44M | $28M | -49.8% | -21.5% |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $2M |
| Operating Expenses | $39M |
| Cost & Expenses | $167M |
| OPERATING INCOME | $32M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $9M |
| EBIT | $32M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $2M |
| Operating Expenses | $39M |
| Cost & Expenses | $167M |
| OPERATING INCOME | $32M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $9M |
| EBIT | $32M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$823.8K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $163.1K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$334.4K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $0 |
| Net Receivables | $192M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $303M |
| PP&E (Net) | $95M |
| Goodwill | $170M |
| Intangible Assets | $92M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $390M |
| TOTAL ASSETS | $693M |
| Account Payables | $116M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $158M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $242M |
| Common Stock | $2M |
| Additional Paid-In Capital | $333.0K |
| Retained Earnings | $425M |
| Treasury Stock | -$209.0K |
| Accum. Other Comp. Income | $25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $451M |
| Minority Interest | $0 |
| TOTAL EQUITY | $451M |
| TOTAL LIABILITIES & EQUITY | $693M |
| Total Debt | $82M |
| Net Debt | -$29M |
