| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $585M | — | $327M | — | 78.6% |
| Op. Income | -$80M | — | -$203M | — | 60.7% |
| Gross Margin | 15.1% | — | -22.0% | — | 37.0pp |
| Net Margin | 8.1% | — | -79.6% | — | 87.7pp |
| EPS (Diluted) | $0.10 | — | $-0.82 | — | 112.2% |
| Free Cash Flow | -$156M | — | -$204M | — | 23.2% |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $497M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $168M |
| Cost & Expenses | $664M |
| OPERATING INCOME | -$80M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | $126M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | -$596.0K |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $134.0K |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $50M |
| EBIT | $108M |
| EBITDA | $158M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$144M |
| Change in Working Capital | -$89M |
| OPERATING CASH FLOW | -$139M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $392M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $373M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $301.0K |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | -$156M |
| Net Change in Cash | $208M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $334M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $239M |
| Goodwill | $2.5B |
| Intangible Assets | $425M |
| Long-Term Investments | $23M |
| Tax Assets | $26M |
| Other Non-Current Assets | $447M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $156M |
| Short-Term Debt | $17M |
| Deferred Revenue | $76M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $695M |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $288M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$3.0B |
| Treasury Stock | -$508M |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$447M |
| Minority Interest | $9M |
| TOTAL EQUITY | -$438M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $4.7B |
| Net Debt | $3.6B |
