| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $291M | $270M | $253M | 7.9% | 15.1% |
| Op. Income | $99M | $14M | $43M | 611.4% | 131.0% |
| Gross Margin | 52.7% | 50.9% | 52.8% | 1.8pp | -0.0pp |
| Net Margin | 7.4% | -3.8% | -3.7% | 11.2pp | 11.1pp |
| EPS (Diluted) | $2.29 | $-1.15 | $-1.09 | 299.1% | 310.1% |
| Free Cash Flow | -$270M | -$758M | -$12M | 64.3% | -2200.5% |
| Item | Amount |
|---|---|
| REVENUE | $291M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $13M |
| Operating Expenses | $55M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $99M |
| Interest Income | $8M |
| Interest Expense | $41M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $99M |
| EBITDA | $101M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $291M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $13M |
| Operating Expenses | $55M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $99M |
| Interest Income | $8M |
| Interest Expense | $41M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $99M |
| EBITDA | $101M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$219M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$197M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$494M |
| Sales/Maturities of Investments | $450M |
| Other Investing Activities | -$70M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | $222M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $107M |
| NET CASH FROM FINANCING | $329M |
| FREE CASH FLOW | -$270M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $236M |
| Short-Term Investments | $0 |
| Net Receivables | $8.2B |
| Inventory | $0 |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $2.2B |
| Long-Term Investments | $21M |
| Tax Assets | $4M |
| Other Non-Current Assets | $491M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $0 |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $272M |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $893M |
| TOTAL NON-CURRENT LIABILITIES | $11.3B |
| TOTAL LIABILITIES | $11.6B |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $592M |
| Retained Earnings | -$112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $470M |
| Minority Interest | $0 |
| TOTAL EQUITY | $470M |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $10.5B |
| Net Debt | $10.2B |
