| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $279M | $286M | $201M | -2.3% | 38.9% |
| Op. Income | $25M | $26M | $16M | -1.4% | 62.2% |
| Gross Margin | 33.4% | 31.2% | 35.7% | 2.1pp | -2.3pp |
| Net Margin | 4.1% | 3.8% | 1.2% | 0.3pp | 2.9pp |
| EPS (Diluted) | $0.29 | $0.27 | $0.06 | 7.4% | 358.1% |
| Free Cash Flow | $18M | $44M | $1M | -58.3% | 1255.1% |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $56M |
| Operating Expenses | $68M |
| Cost & Expenses | $254M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $14M |
| EBIT | $25M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $56M |
| Operating Expenses | $68M |
| Cost & Expenses | $254M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $14M |
| EBIT | $25M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $34.0K |
| Deferred Income Tax | $921.0K |
| Other Non-Cash Items | -$662.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $297.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$198.0K |
| Other Financing Activities | -$4.0K |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $260.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $312.0K |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $54M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $170M |
| PP&E (Net) | $366M |
| Goodwill | $17M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $19M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $404M |
| TOTAL ASSETS | $574M |
| Account Payables | $80M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $101M |
| Long-Term Debt | $483M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $511M |
| TOTAL LIABILITIES | $612M |
| Common Stock | -$40M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$440.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$40M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$38M |
| TOTAL LIABILITIES & EQUITY | $574M |
| Total Debt | $509M |
| Net Debt | $509M |
