| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $705M | — | $250M | — | 182.0% |
| Op. Income | $153M | — | $19M | — | 711.4% |
| Gross Margin | 75.5% | — | 100.0% | — | -24.5pp |
| Net Margin | 21.4% | — | 4.1% | — | 17.3pp |
| EPS (Diluted) | $-0.42 | — | $0.32 | — | -231.3% |
| Free Cash Flow | -$327M | — | $190M | — | -272.1% |
| Item | Amount |
|---|---|
| REVENUE | $705M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $533M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $354M |
| SG&A Expenses | $354M |
| Other Expenses | $26M |
| Operating Expenses | $379M |
| Cost & Expenses | $552M |
| OPERATING INCOME | $153M |
| Interest Income | $231M |
| Interest Expense | $173M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $770.0K |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $4M |
| EBIT | $153M |
| EBITDA | $157M |
| EPS | -$4 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $705M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $533M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $354M |
| SG&A Expenses | $354M |
| Other Expenses | $26M |
| Operating Expenses | $379M |
| Cost & Expenses | $552M |
| OPERATING INCOME | $153M |
| Interest Income | $231M |
| Interest Expense | $173M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $770.0K |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $4M |
| EBIT | $153M |
| EBITDA | $157M |
| EPS | -$4 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $152M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$462M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$309M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$548.0K |
| Purchases of Investments | $3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $118M |
| NET CASH FROM INVESTING | $120M |
| Net Debt Issuance | $2.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$379M |
| Other Financing Activities | -$1.4B |
| NET CASH FROM FINANCING | $215M |
| FREE CASH FLOW | -$327M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $0 |
| Net Receivables | $116M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $386M |
| PP&E (Net) | $71M |
| Goodwill | $121M |
| Intangible Assets | $198M |
| Long-Term Investments | $18.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $388M |
| TOTAL NON-CURRENT ASSETS | $19.2B |
| TOTAL ASSETS | $19.6B |
| Account Payables | $0 |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $15.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $287.0K |
| Other Non-Current Liabilities | $242M |
| TOTAL NON-CURRENT LIABILITIES | $15.7B |
| TOTAL LIABILITIES | $18.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9.0K |
| Other Equity | $628M |
| TOTAL STOCKHOLDERS' EQUITY | $628M |
| Minority Interest | -$145.0K |
| TOTAL EQUITY | $628M |
| TOTAL LIABILITIES & EQUITY | $19.6B |
| Total Debt | $18.5B |
| Net Debt | $18.2B |
