| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $213M | $199M | $142M | 6.9% | 49.8% |
| Op. Income | $26M | $32M | $19M | -18.7% | 38.2% |
| Gross Margin | 33.0% | 35.7% | 35.2% | -2.7pp | -2.2pp |
| Net Margin | 9.8% | 13.9% | 7.4% | -4.2pp | 2.4pp |
| EPS (Diluted) | $0.36 | $0.49 | $0.19 | -25.0% | 92.9% |
| Free Cash Flow | $42M | $22M | $25M | 90.4% | 66.4% |
| Item | Amount |
|---|---|
| REVENUE | $213M |
| Cost of Revenue | $142M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $877.7K |
| Operating Expenses | $44M |
| Cost & Expenses | $186M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $477.3K |
| Other Income/Expenses | -$477.3K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $10M |
| EBIT | $26M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $213M |
| Cost of Revenue | $142M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $877.7K |
| Operating Expenses | $44M |
| Cost & Expenses | $186M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $477.3K |
| Other Income/Expenses | -$477.3K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $10M |
| EBIT | $26M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $94.4K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$248.1K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $154M |
| Short-Term Investments | $0 |
| Net Receivables | $195M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $350M |
| PP&E (Net) | $93M |
| Goodwill | $168M |
| Intangible Assets | $87M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $377M |
| TOTAL ASSETS | $727M |
| Account Payables | $127M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $237M |
| Common Stock | $2M |
| Additional Paid-In Capital | $6M |
| Retained Earnings | $463M |
| Treasury Stock | -$209.0K |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $490M |
| Minority Interest | $0 |
| TOTAL EQUITY | $490M |
| TOTAL LIABILITIES & EQUITY | $727M |
| Total Debt | $76M |
| Net Debt | -$78M |
