| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $100M | $112M | 11.4% | -1.0% |
| Op. Income | $12M | $7M | $10M | 63.7% | 20.5% |
| Gross Margin | 25.1% | 22.5% | 21.8% | 2.6pp | 3.3pp |
| Net Margin | 8.9% | 5.5% | 5.7% | 3.4pp | 3.2pp |
| EPS (Diluted) | $0.28 | $0.16 | $0.18 | 75.0% | 55.6% |
| Free Cash Flow | $21M | $18M | $14M | 15.8% | 46.0% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $770.0K |
| Other Income/Expenses | -$626.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $12M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $770.0K |
| Other Income/Expenses | -$626.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $12M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $253.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$51.0K |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $2M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $261M |
| Goodwill | $249M |
| Intangible Assets | $62M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $577M |
| TOTAL ASSETS | $622M |
| Account Payables | $6M |
| Short-Term Debt | $20M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $84M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $281M |
| TOTAL LIABILITIES | $351M |
| Common Stock | $364.0K |
| Additional Paid-In Capital | $339M |
| Retained Earnings | -$67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$941.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $271M |
| Minority Interest | $0 |
| TOTAL EQUITY | $271M |
| TOTAL LIABILITIES & EQUITY | $622M |
| Total Debt | $287M |
| Net Debt | $257M |
