| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $338M | $290M | $183M | 16.6% | 84.6% |
| Op. Income | $61M | $36M | $8M | 70.9% | 655.7% |
| Gross Margin | 38.6% | 33.0% | 30.0% | 5.6pp | 8.6pp |
| Net Margin | 7.3% | 5.5% | 3.0% | 1.8pp | 4.3pp |
| EPS (Diluted) | $1.00 | $0.65 | $0.22 | 53.8% | 354.5% |
| Free Cash Flow | $40M | $43M | -$33M | -8.0% | 220.2% |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $276M |
| OPERATING INCOME | $61M |
| Interest Income | $52.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $1M |
| EBIT | $61M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $276M |
| OPERATING INCOME | $61M |
| Interest Income | $52.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $1M |
| EBIT | $61M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | -$298.0K |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$509.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$509.0K |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$99.0K |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $187M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $263M |
| PP&E (Net) | $723M |
| Goodwill | $227M |
| Intangible Assets | $113M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $35M |
| Short-Term Debt | $73M |
| Deferred Revenue | $102M |
| Other Current Liabilities | $114M |
| TOTAL CURRENT LIABILITIES | $454M |
| Long-Term Debt | $285M |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $13M |
| Retained Earnings | -$63M |
| Treasury Stock | -$128M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$180M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$178M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
