| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | $214M | $175M | 12.1% | 36.8% |
| Op. Income | $103M | $92M | $70M | 11.9% | 46.9% |
| Gross Margin | 86.8% | 92.1% | 97.7% | -5.3pp | -10.9pp |
| Net Margin | 33.2% | 32.2% | 32.5% | 0.9pp | 0.7pp |
| EPS (Diluted) | $0.62 | $0.54 | $0.44 | 14.8% | 40.9% |
| Free Cash Flow | $106M | $151M | $115M | -29.5% | -7.6% |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $50M |
| SG&A Expenses | $52M |
| Other Expenses | $54M |
| Operating Expenses | $105M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $103M |
| Interest Income | $200M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $13M |
| EBIT | $103M |
| EBITDA | $116M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $50M |
| SG&A Expenses | $52M |
| Other Expenses | $54M |
| Operating Expenses | $105M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $103M |
| Interest Income | $200M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $13M |
| EBIT | $103M |
| EBITDA | $116M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $80M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $221M |
| Other Investing Activities | -$387M |
| NET CASH FROM INVESTING | -$171M |
| Net Debt Issuance | $75M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$403M |
| NET CASH FROM FINANCING | -$361M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | -$422M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $527M |
| Short-Term Investments | $3.2B |
| Net Receivables | $375M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $280M |
| Goodwill | $995M |
| Intangible Assets | $7M |
| Long-Term Investments | $18.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $20.5B |
| TOTAL ASSETS | $24.6B |
| Account Payables | $0 |
| Short-Term Debt | $75M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.7B |
| TOTAL CURRENT LIABILITIES | $21.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $544M |
| TOTAL NON-CURRENT LIABILITIES | $544M |
| TOTAL LIABILITIES | $22.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $737M |
| Treasury Stock | -$368M |
| Accum. Other Comp. Income | -$639M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $24.6B |
| Total Debt | $75M |
| Net Debt | -$452M |
