| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $108M | $100M | 13.2% | 22.5% |
| Op. Income | $13M | $6M | $7M | 111.1% | 70.1% |
| Gross Margin | 23.8% | 19.5% | 22.5% | 4.3pp | 1.3pp |
| Net Margin | 7.2% | 3.7% | 5.5% | 3.5pp | 1.7pp |
| EPS (Diluted) | $0.24 | $0.11 | $0.16 | 118.2% | 50.0% |
| Free Cash Flow | $16M | $2M | $18M | 631.2% | -11.9% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $433.0K |
| Other Income/Expenses | -$460.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $433.0K |
| Other Income/Expenses | -$460.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $985.0K |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$420.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $2M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $251M |
| Goodwill | $249M |
| Intangible Assets | $62M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $566M |
| TOTAL ASSETS | $599M |
| Account Payables | $6M |
| Short-Term Debt | $20M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $233M |
| TOTAL LIABILITIES | $307M |
| Common Stock | $367.0K |
| Additional Paid-In Capital | $341M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$607.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $292M |
| Minority Interest | $0 |
| TOTAL EQUITY | $292M |
| TOTAL LIABILITIES & EQUITY | $599M |
| Total Debt | $237M |
| Net Debt | $224M |
