| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $446M | $534M | $332M | -16.6% | 34.1% |
| Op. Income | $168M | $605M | $190M | -72.3% | -12.0% |
| Gross Margin | 57.9% | 66.9% | 64.4% | -9.0pp | -6.5pp |
| Net Margin | 32.6% | 109.3% | 52.6% | -76.7pp | -20.0pp |
| EPS (Diluted) | $1.63 | $6.77 | $2.13 | -75.9% | -23.5% |
| Free Cash Flow | -$242M | -$24M | -$96M | -889.2% | -152.8% |
| Item | Amount |
|---|---|
| REVENUE | $446M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $75M |
| Operating Expenses | $90M |
| Cost & Expenses | $278M |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | -$27.0K |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $77M |
| EBIT | $169M |
| EBITDA | $246M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $446M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $75M |
| Operating Expenses | $90M |
| Cost & Expenses | $278M |
| OPERATING INCOME | $168M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | -$27.0K |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $77M |
| EBIT | $169M |
| EBITDA | $246M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $287M |
| Capital Expenditure | -$530M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $825M |
| NET CASH FROM INVESTING | -$544M |
| Net Debt Issuance | $356M |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | $250M |
| FREE CASH FLOW | -$242M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $272M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $320M |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $129M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $345M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $260M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $487.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $745M |
| Minority Interest | $0 |
| TOTAL EQUITY | $745M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.5B |
| Net Debt | $1.5B |
