| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $475M | $433M | $285M | 9.6% | 66.4% |
| Op. Income | $190M | $184M | $45M | 3.2% | 326.0% |
| Gross Margin | 71.5% | 70.9% | 62.9% | 0.6pp | 8.6pp |
| Net Margin | 8.6% | -22.7% | -88.4% | 31.3pp | 97.0pp |
| EPS (Diluted) | $0.13 | $-0.31 | $-0.82 | 141.9% | 116.0% |
| Free Cash Flow | -$44M | $100M | $341M | -143.4% | -112.8% |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $339M |
| R&D Expenses | $0 |
| Selling & Marketing | $78M |
| General & Administrative | $57M |
| SG&A Expenses | $135M |
| Other Expenses | $14M |
| Operating Expenses | $149M |
| Cost & Expenses | $284M |
| OPERATING INCOME | $190M |
| Interest Income | $257M |
| Interest Expense | $193M |
| Other Income/Expenses | -$141M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $10M |
| NET INCOME | $41M |
| D&A | $41M |
| EBIT | $186M |
| EBITDA | $227M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $475M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $339M |
| R&D Expenses | $0 |
| Selling & Marketing | $78M |
| General & Administrative | $57M |
| SG&A Expenses | $135M |
| Other Expenses | $14M |
| Operating Expenses | $149M |
| Cost & Expenses | $284M |
| OPERATING INCOME | $190M |
| Interest Income | $257M |
| Interest Expense | $193M |
| Other Income/Expenses | -$141M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $10M |
| NET INCOME | $41M |
| D&A | $41M |
| EBIT | $186M |
| EBITDA | $227M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $152M |
| Change in Working Capital | -$282M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$301.6K |
| NET CASH FROM FINANCING | -$200M |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | -$291M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $472M |
| Short-Term Investments | $547M |
| Net Receivables | $3.9B |
| Inventory | $0 |
| Other Current Assets | $709M |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $336M |
| Goodwill | $1.2B |
| Intangible Assets | $562M |
| Long-Term Investments | $81M |
| Tax Assets | $0 |
| Other Non-Current Assets | $219M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $93M |
| Short-Term Debt | $504M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $654M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $291M |
| TOTAL NON-CURRENT LIABILITIES | $987M |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $15.3K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$101M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | -$115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $16M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $1.2B |
| Net Debt | $727M |
