| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $2.3B | — | -45.8% |
| Op. Income | $163M | — | $1.0B | — | -84.4% |
| Gross Margin | 61.0% | — | 80.7% | — | -19.7pp |
| Net Margin | 7.9% | — | 33.6% | — | -25.7pp |
| EPS (Diluted) | $0.34 | — | $2.50 | — | -86.2% |
| Free Cash Flow | $480M | — | -$249M | — | 293.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $485M |
| GROSS PROFIT | $760M |
| R&D Expenses | $0 |
| Selling & Marketing | $443M |
| General & Administrative | $110M |
| SG&A Expenses | $553M |
| Other Expenses | $44M |
| Operating Expenses | $597M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $163M |
| Interest Income | $489M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $0 |
| EBIT | $163M |
| EBITDA | $163M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $485M |
| GROSS PROFIT | $760M |
| R&D Expenses | $0 |
| Selling & Marketing | $443M |
| General & Administrative | $110M |
| SG&A Expenses | $553M |
| Other Expenses | $44M |
| Operating Expenses | $597M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $163M |
| Interest Income | $489M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $0 |
| EBIT | $163M |
| EBITDA | $163M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $382M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $480M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $318M |
| NET CASH FROM INVESTING | $318M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$406M |
| NET CASH FROM FINANCING | -$406M |
| FREE CASH FLOW | $480M |
| Net Change in Cash | $397M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.5B |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.4B |
| PP&E (Net) | $142M |
| Goodwill | $1.3B |
| Intangible Assets | $129M |
| Long-Term Investments | $30.8B |
| Tax Assets | $740M |
| Other Non-Current Assets | $5.1B |
| TOTAL NON-CURRENT ASSETS | $38.2B |
| TOTAL ASSETS | $47.6B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $7.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $110M |
| Other Non-Current Liabilities | $24.5B |
| TOTAL NON-CURRENT LIABILITIES | $32.5B |
| TOTAL LIABILITIES | $33.7B |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $9.5B |
| Treasury Stock | -$824M |
| Accum. Other Comp. Income | $350M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.6B |
| Minority Interest | $242M |
| TOTAL EQUITY | $13.9B |
| TOTAL LIABILITIES & EQUITY | $47.6B |
| Total Debt | $7.9B |
| Net Debt | $356M |
