| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $546M | $514M | $446M | 6.4% | 22.6% |
| Op. Income | $484M | $42M | $168M | 1040.6% | 188.9% |
| Gross Margin | 45.2% | 49.7% | 57.9% | -4.4pp | -12.6pp |
| Net Margin | 71.2% | 5.1% | 32.6% | 66.1pp | 38.6pp |
| EPS (Diluted) | $3.90 | $0.28 | $1.63 | 1292.9% | 139.3% |
| Free Cash Flow | -$19M | -$386M | -$242M | 95.2% | 92.3% |
| Item | Amount |
|---|---|
| REVENUE | $546M |
| Cost of Revenue | $299M |
| GROSS PROFIT | $247M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | -$247M |
| Operating Expenses | -$237M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $484M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $448M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $389M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $389M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $389M |
| D&A | $151M |
| EBIT | $484M |
| EBITDA | $635M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $546M |
| Cost of Revenue | $299M |
| GROSS PROFIT | $247M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | -$247M |
| Operating Expenses | -$237M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $484M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $448M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $389M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $389M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $389M |
| D&A | $151M |
| EBIT | $484M |
| EBITDA | $635M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $389M |
| Depreciation & Amortization | $151M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | -$234M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $342M |
| Capital Expenditure | -$361M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.5B |
| NET CASH FROM INVESTING | -$378M |
| Net Debt Issuance | -$223M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$793.0K |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $374M |
| Inventory | $0 |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $509M |
| PP&E (Net) | $3.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $193M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $386M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $68M |
| Other Non-Current Liabilities | $147M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $503.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.8B |
| Net Debt | $1.8B |
