| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $793M | $684M | $552M | 15.9% | 43.6% |
| Op. Income | $10M | -$56M | -$35M | 117.6% | 127.9% |
| Gross Margin | 6.1% | -3.4% | -1.6% | 9.5pp | 7.7pp |
| Net Margin | -0.7% | -8.1% | -6.2% | 7.5pp | 5.5pp |
| EPS (Diluted) | $-0.03 | $-0.31 | $-0.21 | 90.4% | 85.8% |
| Free Cash Flow | -$76M | -$20M | $2M | -273.6% | -3627.3% |
| Item | Amount |
|---|---|
| REVENUE | $793M |
| Cost of Revenue | $745M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $783M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $830.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $75M |
| EBIT | -$326.0K |
| EBITDA | $74M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$91M |
| Acquisitions (Net) | $927.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$795.0K |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | $88M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $614.0K |
| NET CASH FROM FINANCING | $89M |
| FREE CASH FLOW | -$76M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $515M |
| Inventory | $140M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $762M |
| PP&E (Net) | $1.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $616.0K |
| Other Non-Current Assets | $83M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $334M |
| Short-Term Debt | $41M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $193M |
| TOTAL CURRENT LIABILITIES | $623M |
| Long-Term Debt | $211M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $563.0K |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $334M |
| TOTAL LIABILITIES | $957M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $743.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $2M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $333M |
| Net Debt | $300M |
