| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $585M | $458M | — | 27.9% | — |
| Op. Income | $95M | $43M | — | 123.3% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | 5.1% | 2.9% | — | 2.3pp | — |
| EPS (Diluted) | $0.26 | $0.14 | — | 85.7% | — |
| Free Cash Flow | $301M | -$162M | — | 286.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $585M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $434M |
| SG&A Expenses | $434M |
| Other Expenses | $56M |
| Operating Expenses | $490M |
| Cost & Expenses | $490M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $27M |
| EBIT | $124M |
| EBITDA | $151M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $585M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $434M |
| SG&A Expenses | $434M |
| Other Expenses | $56M |
| Operating Expenses | $490M |
| Cost & Expenses | $490M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $27M |
| EBIT | $124M |
| EBITDA | $151M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $58M |
| Change in Working Capital | $161M |
| OPERATING CASH FLOW | $304M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $186M |
| NET CASH FROM FINANCING | $180M |
| FREE CASH FLOW | $301M |
| Net Change in Cash | $479M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $966M |
| Short-Term Investments | $0 |
| Net Receivables | $301M |
| Inventory | $0 |
| Other Current Assets | $3.4B |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $169M |
| Goodwill | $1.4B |
| Intangible Assets | $494M |
| Long-Term Investments | $91M |
| Tax Assets | $0 |
| Other Non-Current Assets | $444M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $91M |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $354M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $259.0K |
| Additional Paid-In Capital | $453M |
| Retained Earnings | $97M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $559M |
| Minority Interest | $385M |
| TOTAL EQUITY | $944M |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $2.2B |
| Net Debt | $1.2B |
