| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $683M | $551M | $296M | 24.0% | 130.8% |
| Op. Income | -$300.0K | $3M | -$26M | -109.4% | 98.8% |
| Gross Margin | 8.0% | 8.6% | 6.0% | -0.7pp | 1.9pp |
| Net Margin | 1.9% | 2.0% | -3.1% | -0.1pp | 4.9pp |
| EPS (Diluted) | $0.37 | $0.32 | $-0.28 | 15.6% | 232.1% |
| Free Cash Flow | -$34M | -$384M | -$115M | 91.3% | 70.9% |
| Item | Amount |
|---|---|
| REVENUE | $683M |
| Cost of Revenue | $628M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $683M |
| OPERATING INCOME | -$300.0K |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $26M |
| EBIT | $24M |
| EBITDA | $50M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $500.0K |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $121M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | -$200.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $105M |
| Net Debt Issuance | $89M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | $165M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $603M |
| Short-Term Investments | $0 |
| Net Receivables | $505M |
| Inventory | $729M |
| Other Current Assets | -$30M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $1.4B |
| Goodwill | $130M |
| Intangible Assets | $52M |
| Long-Term Investments | $137M |
| Tax Assets | $0 |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $286M |
| Short-Term Debt | $292M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $831M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $43M |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $413M |
| Retained Earnings | $893M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $183M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.5B |
| Net Debt | $942M |
