| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $1.3B | — | -3.4% |
| Op. Income | -$1.1B | — | $152M | — | -856.3% |
| Gross Margin | 15.5% | — | 34.4% | — | -18.9pp |
| Net Margin | -70.9% | — | 8.3% | — | -79.2pp |
| EPS (Diluted) | $-1.59 | — | $0.15 | — | -1138.1% |
| Free Cash Flow | $442M | — | $219M | — | 102.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $191M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $1.3B |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | -$1.1B |
| Interest Income | $0 |
| Interest Expense | $76M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | -$1.2B |
| Income Tax Expense | -$313M |
| NET INCOME | -$878M |
| D&A | $123M |
| EBIT | -$1.1B |
| EBITDA | -$992M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$878M |
| Depreciation & Amortization | $123M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$313M |
| Other Non-Cash Items | $1.6B |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $560M |
| Capital Expenditure | -$118M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | -$88M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$281M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$368M |
| FREE CASH FLOW | $442M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $466M |
| Inventory | $162M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $723M |
| PP&E (Net) | $14.0B |
| Goodwill | $3.4B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $3.2B |
| Tax Assets | $235M |
| Other Non-Current Assets | $137M |
| TOTAL NON-CURRENT ASSETS | $22.2B |
| TOTAL ASSETS | $23.0B |
| Account Payables | $317M |
| Short-Term Debt | $438M |
| Deferred Revenue | $45M |
| Other Current Liabilities | $134M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $7.5B |
| Deferred Revenue NC | $168M |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $376M |
| TOTAL NON-CURRENT LIABILITIES | $10.7B |
| TOTAL LIABILITIES | $12.0B |
| Common Stock | $11.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.9B |
| Minority Interest | $44M |
| TOTAL EQUITY | $11.0B |
| TOTAL LIABILITIES & EQUITY | $23.0B |
| Total Debt | $8.5B |
| Net Debt | $8.5B |
