| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | — | $1.7B | — | 50.2% |
| Op. Income | -$261M | — | -$665M | — | 60.8% |
| Gross Margin | 15.8% | — | -3.3% | — | 19.1pp |
| Net Margin | -17.2% | — | -55.0% | — | 37.8pp |
| EPS (Diluted) | $-1.32 | — | $-2.88 | — | 54.2% |
| Free Cash Flow | -$346M | — | -$472M | — | 26.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $400M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $661M |
| Other Expenses | $0 |
| Operating Expenses | $661M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | -$261M |
| Interest Income | $0 |
| Interest Expense | $295M |
| Other Income/Expenses | -$162M |
| INCOME BEFORE TAX | -$423M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$432M |
| Net Income from Discontinued Ops | -$679.0K |
| Other Adjustments | $0 |
| NET INCOME | -$435M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$457M |
| D&A | $185M |
| EBIT | -$128M |
| EBITDA | $56M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$435M |
| Depreciation & Amortization | $185M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | -$276M |
| Capital Expenditure | -$69M |
| Acquisitions (Net) | $323M |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $171M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$332.0K |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | -$346M |
| Net Change in Cash | -$183M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $795M |
| Short-Term Investments | $54M |
| Net Receivables | $381M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $315M |
| Goodwill | $2.5B |
| Intangible Assets | $410M |
| Long-Term Investments | $22M |
| Tax Assets | $39M |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $171M |
| Short-Term Debt | $23M |
| Deferred Revenue | $67M |
| Other Current Liabilities | $122M |
| TOTAL CURRENT LIABILITIES | $816M |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $40M |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $156M |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$3.5B |
| Treasury Stock | -$514M |
| Accum. Other Comp. Income | -$66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$884M |
| Minority Interest | $12M |
| TOTAL EQUITY | -$873M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $4.8B |
| Net Debt | $4.0B |
