| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $113M | $107M | $98M | 5.2% | 15.4% |
| Op. Income | $77M | $74M | $66M | 4.5% | 17.8% |
| Gross Margin | 72.5% | 72.5% | 71.6% | 0.0pp | 0.9pp |
| Net Margin | 56.3% | 67.0% | 27.9% | -10.7pp | 28.4pp |
| EPS (Diluted) | $1.54 | $1.75 | $0.69 | -12.0% | 123.2% |
| Free Cash Flow | $72M | $5M | $70M | 1238.7% | 3.9% |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $175.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $31M |
| EBIT | $41M |
| EBITDA | $72M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $175.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $31M |
| EBIT | $41M |
| EBITDA | $72M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$127M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$114M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$46M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $33M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $58M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $2M |
| Goodwill | $990.0K |
| Intangible Assets | $18M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $14M |
| Short-Term Debt | $195M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $337M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$300M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $1M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.5B |
| Net Debt | $1.5B |
