| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $393M | $393M | $316M | -0.1% | 24.4% |
| Op. Income | $20M | $40M | $36M | -51.2% | -45.0% |
| Gross Margin | 19.2% | 25.1% | 28.2% | -5.9pp | -9.0pp |
| Net Margin | 0.3% | 5.3% | 2.8% | -5.1pp | -2.5pp |
| EPS (Diluted) | $0.01 | $0.35 | $0.15 | -97.1% | -93.3% |
| Free Cash Flow | -$75M | -$19M | $9M | -286.8% | -969.3% |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $317M |
| GROSS PROFIT | $75M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $373M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $30M |
| EBIT | $12M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $317M |
| GROSS PROFIT | $75M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $373M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $30M |
| EBIT | $12M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$96M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | $81M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $78M |
| FREE CASH FLOW | -$75M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $324M |
| Inventory | $230M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $665M |
| PP&E (Net) | $793M |
| Goodwill | $78M |
| Intangible Assets | $36M |
| Long-Term Investments | $6M |
| Tax Assets | $50M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $966M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $195M |
| Short-Term Debt | $152M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $449M |
| Long-Term Debt | $631M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $62M |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $863M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $85M |
| Additional Paid-In Capital | $71M |
| Retained Earnings | $218M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $320M |
| Minority Interest | $0 |
| TOTAL EQUITY | $320M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $868M |
| Net Debt | $802M |
