| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $138M | $135M | $119M | 2.1% | 16.3% |
| Op. Income | $96M | $93M | $82M | 2.2% | 17.0% |
| Gross Margin | 72.6% | 73.2% | 72.5% | -0.6pp | 0.0pp |
| Net Margin | 31.5% | 33.1% | 38.9% | -1.6pp | -7.4pp |
| EPS (Diluted) | $0.97 | $1.02 | $1.09 | -4.9% | -11.0% |
| Free Cash Flow | $72M | $78M | $82M | -6.9% | -11.8% |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $149.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $36M |
| EBIT | $53M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $149.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $36M |
| EBIT | $53M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$365.0K |
| Other Non-Cash Items | -$855.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$143M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$144M |
| Net Debt Issuance | -$72M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$55M |
| Other Financing Activities | -$87.0K |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $75M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $93M |
| PP&E (Net) | $2M |
| Goodwill | $990.0K |
| Intangible Assets | $19M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.1B |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $13M |
| Short-Term Debt | -$2M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$359M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $344.0K |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.7B |
| Net Debt | $1.7B |
