| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $422M | $433M | — | -2.7% | — |
| Op. Income | $17M | $49M | — | -66.1% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | 3.8% | 11.1% | — | -7.2pp | — |
| EPS (Diluted) | $0.12 | $0.34 | — | -64.8% | — |
| Free Cash Flow | -$557M | -$808M | — | 31.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $422M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $422M |
| R&D Expenses | $0 |
| Selling & Marketing | $54M |
| General & Administrative | $31M |
| SG&A Expenses | $334M |
| Other Expenses | $0 |
| Operating Expenses | $407M |
| Cost & Expenses | $407M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | -$17M |
| EBIT | $66M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $422M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $422M |
| R&D Expenses | $0 |
| Selling & Marketing | $54M |
| General & Administrative | $31M |
| SG&A Expenses | $334M |
| Other Expenses | $0 |
| Operating Expenses | $407M |
| Cost & Expenses | $407M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | -$17M |
| EBIT | $66M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | -$47.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$625M |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | -$554M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $613M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $603M |
| FREE CASH FLOW | -$557M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $121M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $247M |
| PP&E (Net) | $143M |
| Goodwill | $41M |
| Intangible Assets | $450M |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $242M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $88M |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $577M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $720M |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $0 |
| Minority Interest | $376M |
| TOTAL EQUITY | $376M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $4.4B |
| Net Debt | $4.3B |
