| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.2B | $1.8B | 16.6% | 44.6% |
| Op. Income | $38M | $49M | -$70M | -21.7% | 154.9% |
| Gross Margin | 5.1% | 7.0% | 6.4% | -2.0pp | -1.3pp |
| Net Margin | -1.2% | -0.9% | -13.1% | -0.3pp | 11.9pp |
| EPS (Diluted) | $-0.43 | $-0.35 | $-1.96 | -22.9% | 78.1% |
| Free Cash Flow | $144M | $5M | $83M | 2733.5% | 73.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $128M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $72M |
| Operating Expenses | $90M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $71M |
| EBIT | $23M |
| EBITDA | $94M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $71M |
| Stock-Based Compensation | -$8.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $76M |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$91M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$116M |
| Net Debt Issuance | -$64M |
| Common Stock Repurchased | -$70.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$956.0K |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $251M |
| Other Current Assets | $83M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $2.6B |
| Goodwill | $744M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $22M |
| Tax Assets | $0 |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $1.1B |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $401M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$308.0K |
| Other Equity | -$1 |
| 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 |
