| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $585M | $438M | $523M | 33.8% | 11.9% |
| Op. Income | -$3M | $126M | $149M | -102.0% | -101.7% |
| Gross Margin | 79.7% | 78.5% | 76.7% | 1.2pp | 3.0pp |
| Net Margin | -22.7% | 19.2% | 19.8% | -41.9pp | -42.5pp |
| EPS (Diluted) | $-3.93 | $0.00 | $9.52 | -Infinity% | -141.3% |
| Free Cash Flow | $85M | -$24M | $242M | 451.4% | -64.9% |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $467M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $236M |
| Other Expenses | $233M |
| Operating Expenses | $469M |
| Cost & Expenses | $588M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$129M |
| INCOME BEFORE TAX | -$131M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$49M |
| D&A | $57M |
| EBIT | $173M |
| EBITDA | $230M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$133M |
| Depreciation & Amortization | $95M |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $384M |
| Change in Working Capital | -$335M |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$4.6B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$4.7B |
| Net Debt Issuance | $3.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.4B |
| NET CASH FROM FINANCING | $4.4B |
| FREE CASH FLOW | $85M |
| Net Change in Cash | $63M |
