| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $555M | $376M | $538M | 47.8% | 3.2% |
| Op. Income | $17M | $19M | $36M | -12.3% | -52.5% |
| Gross Margin | 35.9% | 44.4% | 39.5% | -8.5pp | -3.7pp |
| Net Margin | 1.3% | 2.0% | 3.7% | -0.7pp | -2.4pp |
| EPS (Diluted) | $0.21 | $0.22 | $0.60 | -4.5% | -65.0% |
| Free Cash Flow | $70M | -$44M | $113M | 261.3% | -37.8% |
| Item | Amount |
|---|---|
| REVENUE | $555M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $220M |
| General & Administrative | -$48M |
| SG&A Expenses | $172M |
| Other Expenses | $167.0K |
| Operating Expenses | $182M |
| Cost & Expenses | $538M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $10M |
| EBIT | $17M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $555M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $199M |
| R&D Expenses | $0 |
| Selling & Marketing | $220M |
| General & Administrative | -$48M |
| SG&A Expenses | $172M |
| Other Expenses | $167.0K |
| Operating Expenses | $182M |
| Cost & Expenses | $538M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $10M |
| EBIT | $17M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$862.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | -$13.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$84.0K |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $384M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $507M |
| PP&E (Net) | $161M |
| Goodwill | $107M |
| Intangible Assets | $257M |
| Long-Term Investments | -$48M |
| Tax Assets | $48M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $530M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $146M |
| Short-Term Debt | $19M |
| Deferred Revenue | $42M |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $311M |
| Long-Term Debt | $234M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $46M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $319M |
| TOTAL LIABILITIES | $630M |
| Common Stock | $330.0K |
| Additional Paid-In Capital | $374M |
| Retained Earnings | $45M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $407M |
| Minority Interest | $0 |
| TOTAL EQUITY | $407M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $292M |
| Net Debt | $258M |
