| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $622M | $509M | $292M | 22.2% | 113.3% |
| Op. Income | $37M | -$19M | -$109M | 294.7% | 133.6% |
| Gross Margin | 8.6% | 1.8% | -30.0% | 6.8pp | 38.6pp |
| Net Margin | 3.5% | -5.6% | -35.4% | 9.2pp | 38.9pp |
| EPS (Diluted) | $0.10 | $-0.13 | $-0.55 | 176.6% | 118.1% |
| Free Cash Flow | -$45M | -$61M | -$2M | 26.4% | -1719.3% |
| Item | Amount |
|---|---|
| REVENUE | $622M |
| Cost of Revenue | $568M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | -$9M |
| Operating Expenses | $17M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $37M |
| Interest Income | $14.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $122M |
| EBIT | $34M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $622M |
| Cost of Revenue | $568M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | -$9M |
| Operating Expenses | $17M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $37M |
| Interest Income | $14.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $122M |
| EBIT | $34M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $122M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$88M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$96M |
| Acquisitions (Net) | $12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$226.0K |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$45M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $473M |
| Inventory | $54M |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $621M |
| PP&E (Net) | $2.3B |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $253M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $448M |
| Long-Term Debt | $878M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $935M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$223M |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $905M |
| Net Debt | $885M |
