| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $550M | $456M | $226M | 20.4% | 143.5% |
| Op. Income | $270M | -$189M | -$75M | 242.8% | 460.5% |
| Gross Margin | 70.3% | 68.8% | 59.2% | 1.5pp | 11.1pp |
| Net Margin | 45.7% | -45.3% | -40.1% | 91.0pp | 85.8pp |
| EPS (Diluted) | $2.74 | $-2.92 | $-1.55 | 193.8% | 276.8% |
| Free Cash Flow | $99M | -$264M | -$63M | 137.6% | 257.8% |
| Item | Amount |
|---|---|
| REVENUE | $550M |
| Cost of Revenue | $163M |
| GROSS PROFIT | $386M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $108M |
| Operating Expenses | $116M |
| Cost & Expenses | $280M |
| OPERATING INCOME | $270M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $252M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $251M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $251M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $238M |
| D&A | $55M |
| EBIT | $271M |
| EBITDA | $325M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $550M |
| Cost of Revenue | $163M |
| GROSS PROFIT | $386M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $108M |
| Operating Expenses | $116M |
| Cost & Expenses | $280M |
| OPERATING INCOME | $270M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $252M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $251M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $251M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $238M |
| D&A | $55M |
| EBIT | $271M |
| EBITDA | $325M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $251M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$646.0K |
| Other Non-Cash Items | -$55M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $210M |
| Capital Expenditure | -$111M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$107M |
| NET CASH FROM INVESTING | -$128M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $361M |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $383M |
| PP&E (Net) | $1.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $141M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $346M |
| TOTAL CURRENT LIABILITIES | $636M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $301M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $481.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $153M |
| Minority Interest | $0 |
| TOTAL EQUITY | $153M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
