| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | $338M | $147M | -48.1% | 19.3% |
| Op. Income | $24M | $61M | -$21M | -61.4% | 214.2% |
| Gross Margin | 46.3% | 38.6% | 32.2% | 7.7pp | 14.2pp |
| Net Margin | 15.5% | 7.3% | 33.8% | 8.3pp | -18.3pp |
| EPS (Diluted) | $1.11 | $1.00 | $2.03 | 11.0% | -45.3% |
| Free Cash Flow | $114M | $40M | $19M | 186.6% | 498.4% |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $24M |
| Interest Income | $168.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $1M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $24M |
| Interest Income | $168.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $1M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$254.0K |
| Change in Working Capital | $87M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$46.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$71M |
| FREE CASH FLOW | $114M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $204M |
| PP&E (Net) | $720M |
| Goodwill | $227M |
| Intangible Assets | $113M |
| Long-Term Investments | $3M |
| Tax Assets | $98M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $31M |
| Short-Term Debt | $74M |
| Deferred Revenue | $132M |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $438M |
| Long-Term Debt | $220M |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $107M |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $18M |
| Retained Earnings | -$36M |
| Treasury Stock | -$128M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$147M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$145M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $993M |
| Net Debt | $902M |
