| Metric | FY 2021 | Prior Q | FY 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $1.0B | — | 11.8% |
| Op. Income | -$46M | — | -$74M | — | 37.8% |
| Gross Margin | 14.3% | — | 13.1% | — | 1.1pp |
| Net Margin | 2.1% | — | -52.6% | — | 54.7pp |
| EPS (Diluted) | $0.27 | — | $-9.77 | — | 102.8% |
| Free Cash Flow | -$68M | — | -$52M | — | -30.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $986M |
| GROSS PROFIT | $164M |
| R&D Expenses | $33M |
| Selling & Marketing | $2M |
| General & Administrative | $73M |
| SG&A Expenses | $75M |
| Other Expenses | $102M |
| Operating Expenses | $210M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$46M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | $74M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $31M |
| EBIT | $56M |
| EBITDA | $87M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$90M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $239M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $238M |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | $167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $362M |
| Short-Term Investments | $0 |
| Net Receivables | $175M |
| Inventory | $219M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $807M |
| PP&E (Net) | $187M |
| Goodwill | $12M |
| Intangible Assets | $34M |
| Long-Term Investments | $54M |
| Tax Assets | -$54M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $153M |
| Short-Term Debt | $1M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $309M |
| Long-Term Debt | $252M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $544M |
| TOTAL NON-CURRENT LIABILITIES | $885M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$596M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $221M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $977M |
| Minority Interest | $0 |
| TOTAL EQUITY | $977M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $312M |
| Net Debt | -$50M |
