| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $221M | $192M | $178M | 14.8% | 24.1% |
| Op. Income | $22M | $8M | $9M | 184.5% | 146.3% |
| Gross Margin | 59.8% | 62.0% | 60.8% | -2.2pp | -1.1pp |
| Net Margin | 7.1% | 0.8% | 2.4% | 6.3pp | 4.7pp |
| EPS (Diluted) | $0.21 | $0.03 | $0.08 | 600.0% | 162.5% |
| Free Cash Flow | $4M | $4M | -$8M | -7.3% | 152.1% |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $94M |
| Operating Expenses | $110M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $22M |
| Interest Income | $304.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$869.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $8M |
| EBIT | $24M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $94M |
| Operating Expenses | $110M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $22M |
| Interest Income | $304.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$869.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $8M |
| EBIT | $24M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $587.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$792.0K |
| NET CASH FROM FINANCING | -$792.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $0 |
| Net Receivables | $227M |
| Inventory | $119M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $599M |
| PP&E (Net) | $254M |
| Goodwill | $285M |
| Intangible Assets | $61M |
| Long-Term Investments | $59M |
| Tax Assets | $16M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $681M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $141M |
| Long-Term Debt | $312M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $221.0K |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $485M |
| TOTAL LIABILITIES | $626M |
| Common Stock | $563.0K |
| Additional Paid-In Capital | $340M |
| Retained Earnings | $369M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $655M |
| Minority Interest | $0 |
| TOTAL EQUITY | $655M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $526M |
| Net Debt | $292M |
