| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | $130M | $113M | 4.0% | 19.5% |
| Op. Income | $93M | $91M | $77M | 3.2% | 20.8% |
| Gross Margin | 73.2% | 72.8% | 72.5% | 0.4pp | 0.7pp |
| Net Margin | 33.1% | 29.8% | 56.3% | 3.3pp | -23.2pp |
| EPS (Diluted) | $1.02 | $0.89 | $1.54 | 14.6% | -33.8% |
| Free Cash Flow | $78M | $30M | $72M | 157.7% | 7.3% |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $140.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $35M |
| EBIT | $52M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $140.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $35M |
| EBIT | $52M |
| EBITDA | $88M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$55M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $75M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $2M |
| Goodwill | $990.0K |
| Intangible Assets | $19M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $13M |
| Short-Term Debt | $70M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $248M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | -$346M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $415.0K |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $1.8B |
| Net Debt | $1.8B |
