| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $458M | $435M | $387M | 5.2% | 18.3% |
| Op. Income | $43M | $52M | $14M | -17.2% | 215.0% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 2.9% | 4.1% | 1.8% | -1.2pp | 1.1pp |
| EPS (Diluted) | $0.14 | $0.17 | $0.07 | -17.6% | 104.7% |
| Free Cash Flow | -$162M | $174M | -$68M | -193.2% | -139.3% |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $458M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $359M |
| SG&A Expenses | $359M |
| Other Expenses | $55M |
| Operating Expenses | $415M |
| Cost & Expenses | $415M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$17M |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $27M |
| EBIT | $72M |
| EBITDA | $100M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $458M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $458M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $359M |
| SG&A Expenses | $359M |
| Other Expenses | $55M |
| Operating Expenses | $415M |
| Cost & Expenses | $415M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$17M |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $27M |
| EBIT | $72M |
| EBITDA | $100M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$249M |
| OPERATING CASH FLOW | -$159M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$102M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$105M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$404.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | -$162M |
| Net Change in Cash | -$294M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $705M |
| Short-Term Investments | $0 |
| Net Receivables | $235M |
| Inventory | $0 |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $173M |
| Goodwill | $1.4B |
| Intangible Assets | $515M |
| Long-Term Investments | $78M |
| Tax Assets | $0 |
| Other Non-Current Assets | $432M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $63M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $327M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $259.0K |
| Additional Paid-In Capital | $437M |
| Retained Earnings | $67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $509M |
| Minority Interest | $343M |
| TOTAL EQUITY | $852M |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $2.1B |
| Net Debt | $1.4B |
