| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $75M | $71M | 3.4% | 9.1% |
| Op. Income | $52M | $51M | $25M | 2.6% | 103.7% |
| Gross Margin | 71.0% | 71.2% | 70.9% | -0.1pp | 0.1pp |
| Net Margin | 23.8% | 30.6% | 24.7% | -6.7pp | -0.8pp |
| EPS (Diluted) | $0.51 | $0.64 | $0.51 | -20.3% | 0.0% |
| Free Cash Flow | $12M | $58M | $25M | -79.1% | -51.0% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $21M |
| EBIT | $28M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $21M |
| EBIT | $28M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60.0K |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $10.0K |
| Other Investing Activities | $816.0K |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$125.0K |
| NET CASH FROM FINANCING | $41M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $117.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $374.0K |
| Short-Term Investments | $0 |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $0 |
| Goodwill | $990.0K |
| Intangible Assets | $12M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $194M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $293M |
| Long-Term Debt | $912M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $934M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$326M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $903M |
| Minority Interest | $2M |
| TOTAL EQUITY | $905M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
