| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $122M | $111M | -5.2% | 4.3% |
| Op. Income | $14M | $13M | $12M | 12.4% | 16.8% |
| Gross Margin | 23.8% | 23.8% | 25.1% | -0.0pp | -1.3pp |
| Net Margin | 8.8% | 7.2% | 8.9% | 1.6pp | -0.2pp |
| EPS (Diluted) | $0.28 | $0.24 | $0.28 | 16.7% | 0.0% |
| Free Cash Flow | $12M | $16M | $21M | -24.4% | -42.4% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $13M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $449.0K |
| Other Income/Expenses | -$430.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| 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 | $14M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $13M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $449.0K |
| Other Income/Expenses | -$430.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| 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 | $14M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $190.0K |
| Change in Working Capital | -$496.0K |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$47.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $255.0K |
| NET CASH FROM FINANCING | $208.0K |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $2M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $249M |
| Goodwill | $249M |
| Intangible Assets | $62M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $915.0K |
| TOTAL NON-CURRENT ASSETS | $563M |
| TOTAL ASSETS | $604M |
| Account Payables | $7M |
| Short-Term Debt | $20M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $231M |
| TOTAL LIABILITIES | $300M |
| Common Stock | $366.0K |
| Additional Paid-In Capital | $343M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$533.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $304M |
| Minority Interest | $0 |
| TOTAL EQUITY | $304M |
| TOTAL LIABILITIES & EQUITY | $604M |
| Total Debt | $234M |
| Net Debt | $210M |
