| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $671M | $444M | $522M | 51.0% | 28.6% |
| Op. Income | $41M | $73M | $240M | -43.7% | -82.9% |
| Gross Margin | 60.6% | 42.4% | 43.8% | 18.3pp | 16.8pp |
| Net Margin | 4.5% | 8.5% | 33.3% | -3.9pp | -28.7pp |
| EPS (Diluted) | $0.57 | $0.71 | $2.94 | -19.7% | -80.6% |
| Free Cash Flow | -$3.3B | $475M | $4.4B | -788.9% | -174.4% |
| Item | Amount |
|---|---|
| REVENUE | $671M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $60M |
| SG&A Expenses | $64M |
| Other Expenses | $302M |
| Operating Expenses | $366M |
| Cost & Expenses | $630M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $18M |
| EBIT | $41M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $671M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $60M |
| SG&A Expenses | $64M |
| Other Expenses | $302M |
| Operating Expenses | $366M |
| Cost & Expenses | $630M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $18M |
| EBIT | $41M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3.3B |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | -$3.3B |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$14.2B |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $14.2B |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $758M |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $2.8B |
| NET CASH FROM FINANCING | $3.5B |
| FREE CASH FLOW | -$3.3B |
| Net Change in Cash | $169M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $4M |
| Net Receivables | $11.5B |
| Inventory | $0 |
| Other Current Assets | $111M |
| TOTAL CURRENT ASSETS | $13.7B |
| PP&E (Net) | $87M |
| Goodwill | $0 |
| Intangible Assets | $6.2B |
| Long-Term Investments | $925.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $179M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $20.1B |
| Account Payables | $360M |
| Short-Term Debt | $5.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $9.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $80M |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $16.7B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $20.1B |
| Total Debt | $15.2B |
| Net Debt | $13.7B |
