| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $535M | $230M | — | 133.0% | — |
| Op. Income | $6M | -$42M | — | 114.6% | — |
| Gross Margin | 27.4% | 15.3% | — | 12.1pp | — |
| Net Margin | 0.4% | -9.3% | — | 9.8pp | — |
| EPS (Diluted) | $0.04 | $-0.40 | — | 110.0% | — |
| Free Cash Flow | -$67M | $23M | — | -397.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $535M |
| Cost of Revenue | $388M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $103M |
| General & Administrative | $8M |
| SG&A Expenses | $110M |
| Other Expenses | $0 |
| Operating Expenses | $110M |
| Cost & Expenses | $499M |
| OPERATING INCOME | $6M |
| Interest Income | $592.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $973.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $8M |
| EBIT | $6M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $535M |
| Cost of Revenue | $388M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $103M |
| General & Administrative | $8M |
| SG&A Expenses | $110M |
| Other Expenses | $0 |
| Operating Expenses | $110M |
| Cost & Expenses | $499M |
| OPERATING INCOME | $6M |
| Interest Income | $592.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $973.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $8M |
| EBIT | $6M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$616.0K |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$105M |
| OPERATING CASH FLOW | -$63M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$275.0K |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $93M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $80M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $227M |
| Inventory | $77M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $376M |
| PP&E (Net) | $89M |
| Goodwill | $228M |
| Intangible Assets | $94M |
| Long-Term Investments | $50M |
| Tax Assets | $19M |
| Other Non-Current Assets | $250.0K |
| TOTAL NON-CURRENT ASSETS | $481M |
| TOTAL ASSETS | $856M |
| Account Payables | $45M |
| Short-Term Debt | $103M |
| Deferred Revenue | $116M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $409M |
| Long-Term Debt | $89M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $138M |
| TOTAL LIABILITIES | $547M |
| Common Stock | $329M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $23M |
| TOTAL STOCKHOLDERS' EQUITY | $334M |
| Minority Interest | -$1M |
| TOTAL EQUITY | $332M |
| TOTAL LIABILITIES & EQUITY | $547M |
| Total Debt | $192M |
| Net Debt | $168M |
