| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $267M | $279M | $184M | -4.4% | 44.9% |
| Op. Income | $21M | $25M | $8M | -15.6% | 181.5% |
| Gross Margin | 35.7% | 33.4% | 34.6% | 2.3pp | 1.1pp |
| Net Margin | 2.5% | 4.1% | -3.6% | -1.6pp | 6.1pp |
| EPS (Diluted) | $0.17 | $0.29 | $-0.17 | -41.4% | 200.0% |
| Free Cash Flow | -$4M | $18M | -$3M | -123.9% | -25.7% |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $172M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $64M |
| Operating Expenses | $74M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $15M |
| EBIT | $21M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $172M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $64M |
| Operating Expenses | $74M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $15M |
| EBIT | $21M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $45.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $76.0K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $392.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$165.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$198.0K |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$269.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43.0K |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $118M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $237M |
| PP&E (Net) | $362M |
| Goodwill | $17M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $399M |
| TOTAL ASSETS | $636M |
| Account Payables | $105M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $412.0K |
| TOTAL CURRENT LIABILITIES | $148M |
| Long-Term Debt | $489M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $519M |
| TOTAL LIABILITIES | $667M |
| Common Stock | -$33M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $167.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$33M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$31M |
| TOTAL LIABILITIES & EQUITY | $636M |
| Total Debt | $520M |
| Net Debt | $520M |
