| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $408M | — | $205M | — | 98.9% |
| Op. Income | $96M | — | -$18M | — | 621.4% |
| Gross Margin | 26.4% | — | 6.8% | — | 19.5pp |
| Net Margin | 17.2% | — | -12.5% | — | 29.6pp |
| EPS (Diluted) | $4.07 | — | $-2.38 | — | 271.4% |
| Free Cash Flow | -$16M | — | -$59M | — | 72.4% |
| Item | Amount |
|---|---|
| REVENUE | $408M |
| Cost of Revenue | $301M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $52M |
| EBIT | $96M |
| EBITDA | $149M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $408M |
| Cost of Revenue | $301M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $52M |
| EBIT | $96M |
| EBITDA | $149M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | -$3M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$96M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | -$40.2K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $24.1K |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $55M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $52M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $320M |
| Inventory | $27M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $377M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $12M |
| Tax Assets | $331.8K |
| Other Non-Current Assets | $507.9K |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $181M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $195M |
| Long-Term Debt | $849M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $939M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $53M |
| Retained Earnings | -$881M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $116M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $979M |
| Minority Interest | $0 |
| TOTAL EQUITY | $979M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $898M |
| Net Debt | $868M |
