| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $659M | $543M | $487M | 21.4% | 35.4% |
| Op. Income | $156M | -$97M | $166M | 261.5% | -6.2% |
| Gross Margin | 47.4% | 8.0% | 61.4% | 39.4pp | -14.0pp |
| Net Margin | 18.0% | -14.2% | 26.5% | 32.2pp | -8.5pp |
| EPS (Diluted) | $0.47 | $-0.33 | $0.45 | 242.4% | 4.4% |
| Free Cash Flow | $9M | -$875.0K | $63M | 1115.8% | -85.8% |
| Item | Amount |
|---|---|
| REVENUE | $659M |
| Cost of Revenue | $347M |
| GROSS PROFIT | $313M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $99M |
| SG&A Expenses | $99M |
| Other Expenses | $58M |
| Operating Expenses | $157M |
| Cost & Expenses | $503M |
| OPERATING INCOME | $156M |
| Interest Income | $638M |
| Interest Expense | $233M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $7M |
| EBIT | $156M |
| EBITDA | $163M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $659M |
| Cost of Revenue | $347M |
| GROSS PROFIT | $313M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $99M |
| SG&A Expenses | $99M |
| Other Expenses | $58M |
| Operating Expenses | $157M |
| Cost & Expenses | $503M |
| OPERATING INCOME | $156M |
| Interest Income | $638M |
| Interest Expense | $233M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $7M |
| EBIT | $156M |
| EBITDA | $163M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $119M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $37M |
| Other Non-Cash Items | $122M |
| Change in Working Capital | -$287M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | -$1.5B |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $277M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $345M |
| NET CASH FROM FINANCING | $587M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$875M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $113M |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $138M |
| Goodwill | $51M |
| Intangible Assets | $65M |
| Long-Term Investments | $23.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $290M |
| TOTAL NON-CURRENT ASSETS | $24.0B |
| TOTAL ASSETS | $29.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.8B |
| TOTAL CURRENT LIABILITIES | $21.8B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $309M |
| TOTAL NON-CURRENT LIABILITIES | $5.8B |
| TOTAL LIABILITIES | $27.6B |
| Common Stock | $88M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $3.3B |
| Treasury Stock | -$2.8B |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $29.5B |
| Total Debt | $5.5B |
| Net Debt | $1.8B |
