| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $187M | $183M | $143M | 2.1% | 30.9% |
| Op. Income | $14M | $20M | $10M | -27.3% | 35.9% |
| Gross Margin | 18.1% | 20.3% | 19.8% | -2.2pp | -1.6pp |
| Net Margin | 5.5% | 7.7% | 5.5% | -2.3pp | -0.1pp |
| EPS (Diluted) | $0.48 | $0.67 | $0.37 | -28.4% | 29.7% |
| Free Cash Flow | -$10M | $21M | $1M | -149.6% | -832.6% |
| Item | Amount |
|---|---|
| REVENUE | $187M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $317.0K |
| Other Income/Expenses | -$185.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $6M |
| EBIT | $14M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $187M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $317.0K |
| Other Income/Expenses | -$185.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $6M |
| EBIT | $14M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $661.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $49.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $32M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $103M |
| Inventory | $76M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $209M |
| PP&E (Net) | $158M |
| Goodwill | $73M |
| Intangible Assets | $73M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $312M |
| TOTAL ASSETS | $521M |
| Account Payables | $44M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $106M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $154M |
| TOTAL LIABILITIES | $229M |
| Common Stock | $209.0K |
| Additional Paid-In Capital | $45M |
| Retained Earnings | $247M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $292M |
| Minority Interest | $0 |
| TOTAL EQUITY | $292M |
| TOTAL LIABILITIES & EQUITY | $521M |
| Total Debt | $127M |
| Net Debt | $103M |
