| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | $195M | $180M | 11.4% | 20.2% |
| Op. Income | $66M | $24M | $54M | 170.6% | 22.3% |
| Gross Margin | 86.8% | 64.6% | 80.2% | 22.2pp | 6.6pp |
| Net Margin | 23.1% | 14.7% | 20.2% | 8.4pp | 2.9pp |
| EPS (Diluted) | $0.23 | $0.13 | $0.16 | 76.9% | 43.8% |
| Free Cash Flow | $122M | $44M | $53M | 178.5% | 129.7% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $65M |
| SG&A Expenses | $68M |
| Other Expenses | $55M |
| Operating Expenses | $123M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $66M |
| Interest Income | $199M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $9M |
| EBIT | $66M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $65M |
| SG&A Expenses | $68M |
| Other Expenses | $55M |
| Operating Expenses | $123M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $66M |
| Interest Income | $199M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $9M |
| EBIT | $66M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $627M |
| Other Investing Activities | $58M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $109M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | -$976M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $4.4B |
| Net Receivables | $70M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $158M |
| Goodwill | $39M |
| Intangible Assets | $41M |
| Long-Term Investments | $11.7B |
| Tax Assets | $329M |
| Other Non-Current Assets | $698M |
| TOTAL NON-CURRENT ASSETS | $12.9B |
| TOTAL ASSETS | $18.8B |
| Account Payables | $277M |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.3B |
| TOTAL CURRENT LIABILITIES | $15.9B |
| Long-Term Debt | $624M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $624M |
| TOTAL LIABILITIES | $16.5B |
| Common Stock | $22M |
| Additional Paid-In Capital | $946M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$480.0K |
| Accum. Other Comp. Income | $55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $18.8B |
| Total Debt | $924M |
| Net Debt | -$510M |
