| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $349M | $333M | $246M | 4.8% | 41.8% |
| Op. Income | $18M | $14M | -$22M | 34.0% | 181.7% |
| Gross Margin | 30.5% | 20.2% | 10.4% | 10.3pp | 20.1pp |
| Net Margin | 3.7% | 3.0% | -8.2% | 0.7pp | 12.0pp |
| EPS (Diluted) | $0.12 | $0.10 | $-0.20 | 25.7% | 160.0% |
| Free Cash Flow | $54M | -$31M | -$10M | 273.5% | 618.7% |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $61M |
| Operating Expenses | $88M |
| Cost & Expenses | $331M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $565.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $8M |
| EBIT | $72M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $61M |
| Operating Expenses | $88M |
| Cost & Expenses | $331M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $565.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $8M |
| EBIT | $72M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $126M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | -$37M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$110M |
| Net Debt Issuance | $29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$36.0K |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $10M |
| Net Receivables | $216M |
| Inventory | $5M |
| Other Current Assets | $38.0K |
| TOTAL CURRENT ASSETS | $329M |
| PP&E (Net) | $926M |
| Goodwill | $24M |
| Intangible Assets | $56M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $234M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $284M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $65M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $98M |
| TOTAL LIABILITIES | $382M |
| Common Stock | $114.0K |
| Additional Paid-In Capital | $971M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $954M |
| Minority Interest | $0 |
| TOTAL EQUITY | $954M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $33M |
| Net Debt | -$56M |
