| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $488M | $426M | $324M | 14.6% | 50.6% |
| Op. Income | $176M | $173M | $123M | 1.7% | 43.1% |
| Gross Margin | 79.3% | 86.4% | 94.1% | -7.1pp | -14.8pp |
| Net Margin | 28.5% | 32.4% | 30.6% | -3.9pp | -2.1pp |
| EPS (Diluted) | $0.38 | $0.38 | $0.30 | 0.0% | 26.7% |
| Free Cash Flow | $160M | $321M | $131M | -50.2% | 22.1% |
| Item | Amount |
|---|---|
| REVENUE | $488M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $387M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $108M |
| SG&A Expenses | $113M |
| Other Expenses | $98M |
| Operating Expenses | $211M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $176M |
| Interest Income | $408M |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $19M |
| EBIT | $176M |
| EBITDA | $195M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $488M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $387M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $108M |
| SG&A Expenses | $113M |
| Other Expenses | $98M |
| Operating Expenses | $211M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $176M |
| Interest Income | $408M |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $19M |
| EBIT | $176M |
| EBITDA | $195M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $139M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $177M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $113M |
| Purchases of Investments | -$316M |
| Sales/Maturities of Investments | $397M |
| Other Investing Activities | -$819M |
| NET CASH FROM INVESTING | -$642M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$42M |
| Other Financing Activities | -$75M |
| NET CASH FROM FINANCING | -$137M |
| FREE CASH FLOW | $160M |
| Net Change in Cash | -$602M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $3.3B |
| Net Receivables | $506M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $432M |
| Goodwill | $2.5B |
| Intangible Assets | $89M |
| Long-Term Investments | $33.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $38.3B |
| TOTAL ASSETS | $43.7B |
| Account Payables | $0 |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34.8B |
| TOTAL CURRENT LIABILITIES | $36.0B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $837M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $38.1B |
| Common Stock | $4M |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$167M |
| Accum. Other Comp. Income | -$357M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $43.7B |
| Total Debt | $2.5B |
| Net Debt | $791M |
