| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | — | $1.5B | — | 48.6% |
| Op. Income | $49M | — | -$346M | — | 114.2% |
| Gross Margin | 7.0% | — | 7.2% | — | -0.1pp |
| Net Margin | -0.9% | — | -26.0% | — | 25.2pp |
| EPS (Diluted) | $-0.35 | — | $-3.13 | — | 88.8% |
| Free Cash Flow | $5M | — | $23M | — | -77.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $85M |
| Operating Expenses | $104M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | -$135.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45M |
| D&A | $69M |
| EBIT | $45M |
| EBITDA | $113M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $73M |
| Stock-Based Compensation | $749.0K |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | -$115.0K |
| Purchases of Investments | $5M |
| Sales/Maturities of Investments | -$169.0K |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$20.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$759.0K |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$75.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $334M |
| Other Current Assets | $100M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $2.6B |
| Goodwill | $744M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $21M |
| Tax Assets | $0 |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $974M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $72M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $108M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $430M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$314.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | -$35M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $3.5B |
| Net Debt | $3.5B |
