| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $981M | $843M | 14.5% | 33.3% |
| Op. Income | $62M | $50M | $42M | 25.7% | 47.2% |
| Gross Margin | 9.5% | 9.5% | 9.4% | -0.0pp | 0.2pp |
| Net Margin | 4.5% | 3.8% | 4.0% | 0.7pp | 0.5pp |
| EPS (Diluted) | $1.78 | $1.33 | $1.16 | 33.8% | 53.4% |
| Free Cash Flow | -$17M | -$42M | -$12M | 59.6% | -45.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $107M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $62M |
| Interest Income | $454.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $16M |
| EBIT | $62M |
| EBITDA | $78M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $107M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $62M |
| Interest Income | $454.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $16M |
| EBIT | $62M |
| EBITDA | $78M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$59M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$392.0K |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $156.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $173.0K |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $0 |
| Net Receivables | $876M |
| Inventory | $1.6B |
| Other Current Assets | $665.0K |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $510M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $39M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $577M |
| TOTAL ASSETS | $3.4B |
| Account Payables | $806M |
| Short-Term Debt | $274M |
| Deferred Revenue | $779M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $188M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $291M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $541.0K |
| Additional Paid-In Capital | $652M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $495M |
| Net Debt | $221M |
