| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.1B | $1.2B | 29.1% | 19.4% |
| Op. Income | $238M | -$15M | -$17M | 1662.4% | 1472.1% |
| Gross Margin | 23.1% | 5.6% | 5.1% | 17.5pp | 18.1pp |
| Net Margin | 13.9% | -0.8% | -0.6% | 14.7pp | 14.5pp |
| EPS (Diluted) | $3.46 | $-0.15 | $-0.12 | 2406.7% | 2983.3% |
| Free Cash Flow | $216M | $114M | $58M | 88.4% | 272.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $318M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $80M |
| Operating Expenses | $80M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $238M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $238M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $18M |
| EBIT | $246M |
| EBITDA | $264M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $318M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $80M |
| Operating Expenses | $80M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $238M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $238M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $191M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $191M |
| D&A | $18M |
| EBIT | $246M |
| EBITDA | $264M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $191M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$160M |
| Change in Working Capital | $176M |
| OPERATING CASH FLOW | $225M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$29M |
| Purchases of Investments | -$677M |
| Sales/Maturities of Investments | $596M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$111M |
| Net Debt Issuance | -$247.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $216M |
| Net Change in Cash | $97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $551M |
| Short-Term Investments | $178M |
| Net Receivables | $663M |
| Inventory | $0 |
| Other Current Assets | -$1.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $166M |
| Goodwill | $43M |
| Intangible Assets | $8M |
| Long-Term Investments | $5.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $7.1B |
| Account Payables | $175M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$175M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $574M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$588M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $99M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $588M |
| Net Debt | $37M |
