| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $951M | $794M | $599M | 19.8% | 58.7% |
| Op. Income | $59M | $19M | $43M | 208.4% | 37.9% |
| Gross Margin | 13.4% | 9.6% | 16.4% | 3.8pp | -3.0pp |
| Net Margin | 2.1% | 0.4% | 5.3% | 1.7pp | -3.2pp |
| EPS (Diluted) | $0.61 | $0.09 | $0.95 | 562.3% | -35.8% |
| Free Cash Flow | $48M | -$158M | $12M | 130.2% | 306.0% |
| Item | Amount |
|---|---|
| REVENUE | $951M |
| Cost of Revenue | $823M |
| GROSS PROFIT | $128M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | -$5M |
| Operating Expenses | $69M |
| Cost & Expenses | $892M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $25M |
| EBIT | $61M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $951M |
| Cost of Revenue | $823M |
| GROSS PROFIT | $128M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | -$5M |
| Operating Expenses | $69M |
| Cost & Expenses | $892M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $25M |
| EBIT | $61M |
| EBITDA | $86M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $124M |
| OPERATING CASH FLOW | $180M |
| Capital Expenditure | -$132M |
| Acquisitions (Net) | $400.0K |
| Purchases of Investments | $2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | $63M |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $46M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $559M |
| Short-Term Investments | $0 |
| Net Receivables | $541M |
| Inventory | $815M |
| Other Current Assets | -$32M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $1.6B |
| Goodwill | $127M |
| Intangible Assets | $50M |
| Long-Term Investments | $133M |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $402M |
| Short-Term Debt | $297M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $965M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $69M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $425M |
| Retained Earnings | $898M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $180M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $1.6B |
| Net Debt | $1.1B |
