| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $263M | $232M | $291M | 13.6% | -9.5% |
| Op. Income | $100M | $72M | $99M | 39.2% | 0.9% |
| Gross Margin | 46.6% | 39.2% | 52.7% | 7.4pp | -6.2pp |
| Net Margin | 14.0% | 4.5% | 7.4% | 9.5pp | 6.6pp |
| EPS (Diluted) | $4.17 | $1.11 | $2.29 | 275.7% | 82.1% |
| Free Cash Flow | -$114M | $112M | -$270M | -202.1% | 57.7% |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | -$21M |
| Operating Expenses | $23M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $100M |
| Interest Income | $14M |
| Interest Expense | $50M |
| Other Income/Expenses | -$67M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $4M |
| EBIT | $100M |
| EBITDA | $103M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | -$21M |
| Operating Expenses | $23M |
| Cost & Expenses | $164M |
| OPERATING INCOME | $100M |
| Interest Income | $14M |
| Interest Expense | $50M |
| Other Income/Expenses | -$67M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $4M |
| EBIT | $100M |
| EBITDA | $103M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$94M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | $106M |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $73M |
| FREE CASH FLOW | -$114M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227M |
| Short-Term Investments | $0 |
| Net Receivables | $8.3B |
| Inventory | $0 |
| Other Current Assets | $71M |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $2.7B |
| Long-Term Investments | $39M |
| Tax Assets | $3M |
| Other Non-Current Assets | $289M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $0 |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $270M |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $11.5B |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $79.0K |
| Additional Paid-In Capital | $556M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $546M |
| Minority Interest | $0 |
| TOTAL EQUITY | $546M |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $10.4B |
| Net Debt | $10.2B |
