| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $452M | $495M | $353M | -8.8% | 28.1% |
| Op. Income | $34M | $36M | $24M | -4.5% | 46.1% |
| Gross Margin | 27.9% | 22.9% | 27.8% | 4.9pp | 0.1pp |
| Net Margin | 5.4% | 5.3% | 4.4% | 0.0pp | 1.0pp |
| EPS (Diluted) | $0.91 | $0.98 | $0.58 | -7.1% | 56.9% |
| Free Cash Flow | $99M | $8M | $117M | 1090.4% | -15.2% |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $326M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $91M |
| Operating Expenses | $91M |
| Cost & Expenses | $417M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $641.0K |
| Other Income/Expenses | -$55.0K |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $6M |
| EBIT | $35M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $326M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $91M |
| Operating Expenses | $91M |
| Cost & Expenses | $417M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $641.0K |
| Other Income/Expenses | -$55.0K |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $6M |
| EBIT | $35M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $76M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $0 |
| Net Receivables | $541M |
| Inventory | $155M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $897M |
| PP&E (Net) | $51M |
| Goodwill | $127M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $269M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $136M |
| Short-Term Debt | $170M |
| Deferred Revenue | $86M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $460M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $505M |
| Common Stock | $270.0K |
| Additional Paid-In Capital | $159M |
| Retained Earnings | $508M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$124.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $661M |
| Minority Interest | $0 |
| TOTAL EQUITY | $661M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $180M |
| Net Debt | $24M |
