| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $265M | $179M | $210M | 48.4% | 26.1% |
| Op. Income | $79M | $52M | $44M | 52.9% | 78.0% |
| Gross Margin | 46.0% | 53.2% | 37.1% | -7.2pp | 9.0pp |
| Net Margin | 27.6% | 22.1% | 55.5% | 5.5pp | -28.0pp |
| EPS (Diluted) | $0.50 | $0.28 | $0.88 | 78.6% | -43.2% |
| Free Cash Flow | $75M | $64M | $95M | 18.4% | -20.6% |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $122M |
| R&D Expenses | $16M |
| Selling & Marketing | $14M |
| General & Administrative | $13M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $186M |
| OPERATING INCOME | $79M |
| Interest Income | $673.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $5M |
| EBIT | $77M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $122M |
| R&D Expenses | $16M |
| Selling & Marketing | $14M |
| General & Administrative | $13M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $186M |
| OPERATING INCOME | $79M |
| Interest Income | $673.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $5M |
| EBIT | $77M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$89M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $32M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $679M |
| Short-Term Investments | $0 |
| Net Receivables | $200M |
| Inventory | $42M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $933M |
| PP&E (Net) | $61M |
| Goodwill | $25M |
| Intangible Assets | $29M |
| Long-Term Investments | $52M |
| Tax Assets | $93M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $267M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $73M |
| Short-Term Debt | $331M |
| Deferred Revenue | $48M |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $534M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $125M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $182M |
| TOTAL LIABILITIES | $716M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $535M |
| Retained Earnings | -$51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $434.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $484M |
| Minority Interest | $0 |
| TOTAL EQUITY | $484M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $351M |
| Net Debt | -$329M |
