| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $712M | $310M | — | 129.6% | — |
| Op. Income | $60M | -$45M | — | 235.4% | — |
| Gross Margin | 14.5% | 0.4% | — | 14.2pp | — |
| Net Margin | 5.4% | -12.9% | — | 18.3pp | — |
| EPS (Diluted) | $0.68 | $-0.71 | — | 195.8% | — |
| Free Cash Flow | -$111M | -$117M | — | 5.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $712M |
| Cost of Revenue | $608M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $38M |
| General & Administrative | $5M |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $651M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $30M |
| EBIT | $58M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $712M |
| Cost of Revenue | $608M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $38M |
| General & Administrative | $5M |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $651M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $30M |
| EBIT | $58M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $333.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $6.0K |
| Change in Working Capital | -$144M |
| OPERATING CASH FLOW | -$72M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$107.0K |
| Sales/Maturities of Investments | -$2M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $123M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | $110M |
| FREE CASH FLOW | -$111M |
| Net Change in Cash | $722.0K |
