| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $264M | $233M | $221M | 13.2% | 19.6% |
| Op. Income | $28M | $15M | $22M | 89.8% | 27.1% |
| Gross Margin | 57.7% | 59.0% | 59.8% | -1.3pp | -2.1pp |
| Net Margin | 6.3% | 3.1% | 7.1% | 3.2pp | -0.8pp |
| EPS (Diluted) | $0.25 | $0.09 | $0.21 | 181.2% | 19.0% |
| Free Cash Flow | $4M | $4M | $4M | 5.7% | 11.2% |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $109M |
| Operating Expenses | $124M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $28M |
| Interest Income | $664.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $8M |
| EBIT | $31M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $109M |
| Operating Expenses | $124M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $28M |
| Interest Income | $664.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $8M |
| EBIT | $31M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $656.0K |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $52M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $208M |
| Short-Term Investments | $0 |
| Net Receivables | $279M |
| Inventory | $156M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $662M |
| PP&E (Net) | $286M |
| Goodwill | $297M |
| Intangible Assets | $58M |
| Long-Term Investments | $77M |
| Tax Assets | $12M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $740M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $359M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $558M |
| TOTAL LIABILITIES | $697M |
| Common Stock | $559.0K |
| Additional Paid-In Capital | $343M |
| Retained Earnings | $415M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $705M |
| Minority Interest | $0 |
| TOTAL EQUITY | $705M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $601M |
| Net Debt | $393M |
