| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $855M | $706M | $843M | 21.0% | 1.3% |
| Op. Income | $18M | $25M | $21M | -26.4% | -12.1% |
| Gross Margin | 13.4% | 13.2% | 14.0% | 0.2pp | -0.5pp |
| Net Margin | -2.5% | 2.0% | -11.1% | -4.5pp | 8.7pp |
| EPS (Diluted) | $-0.41 | $0.27 | $-1.85 | -251.9% | 77.8% |
| Free Cash Flow | $106M | -$81M | $73M | 230.5% | 46.2% |
| Item | Amount |
|---|---|
| REVENUE | $855M |
| Cost of Revenue | $740M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $97M |
| Other Expenses | $0 |
| Operating Expenses | $97M |
| Cost & Expenses | $837M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $38M |
| EBIT | -$100.0K |
| EBITDA | $38M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | -$400.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $67M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $70M |
| NET CASH FROM INVESTING | $62M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | $153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $0 |
| Net Receivables | $362M |
| Inventory | $226M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $809M |
| PP&E (Net) | $853M |
| Goodwill | $86M |
| Intangible Assets | $75M |
| Long-Term Investments | -$12M |
| Tax Assets | $12M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $367M |
| Short-Term Debt | $246M |
| Deferred Revenue | $66M |
| Other Current Liabilities | $119M |
| TOTAL CURRENT LIABILITIES | $957M |
| Long-Term Debt | $555M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $796M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $839M |
| Retained Earnings | -$528M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$161M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $137M |
| Minority Interest | $0 |
| TOTAL EQUITY | $137M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $932M |
| Net Debt | $752M |
