| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $943M | $793M | $581M | 18.9% | 62.2% |
| Op. Income | $109M | $10M | -$33M | 1010.8% | 428.6% |
| Gross Margin | 16.1% | 6.1% | -0.7% | 10.0pp | 16.7pp |
| Net Margin | 11.2% | -0.7% | -8.7% | 11.8pp | 19.9pp |
| EPS (Diluted) | $0.55 | $-0.03 | $-0.29 | 1945.6% | 289.7% |
| Free Cash Flow | -$13M | -$76M | -$34M | 83.4% | 63.2% |
| Item | Amount |
|---|---|
| REVENUE | $943M |
| Cost of Revenue | $791M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $833M |
| OPERATING INCOME | $109M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $235.0K |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | -$183.0K |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $77M |
| EBIT | $110M |
| EBITDA | $188M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $943M |
| Cost of Revenue | $791M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $833M |
| OPERATING INCOME | $109M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $235.0K |
| Net Income from Continuing Ops | $105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | -$183.0K |
| BOTTOM LINE NET INCOME | $105M |
| D&A | $77M |
| EBIT | $110M |
| EBITDA | $188M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $320.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$64M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$134M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | -$7M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$142M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$148.0K |
| Other Financing Activities | -$461.0K |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $0 |
| Net Receivables | $564M |
| Inventory | $164M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $841M |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $280.0K |
| Other Non-Current Assets | $93M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $311M |
| Short-Term Debt | $39M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $199M |
| TOTAL CURRENT LIABILITIES | $622M |
| Long-Term Debt | $253M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $563.0K |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $383M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$56M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $2M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $380M |
| Net Debt | $339M |
