| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | $126M | $101M | 16.5% | 45.3% |
| Op. Income | $71M | $68M | $54M | 4.2% | 32.1% |
| Gross Margin | 82.3% | 81.9% | 79.7% | 0.4pp | 2.6pp |
| Net Margin | 36.2% | 30.7% | 25.5% | 5.5pp | 10.7pp |
| EPS (Diluted) | $0.19 | $0.14 | $0.09 | 39.7% | 106.5% |
| Free Cash Flow | -$141M | -$5M | -$434M | -2707.2% | 67.4% |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $15M |
| SG&A Expenses | $37M |
| Other Expenses | $13M |
| Operating Expenses | $50M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $71M |
| Interest Income | $11M |
| Interest Expense | $22M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $20M |
| NET INCOME | $53M |
| D&A | $2M |
| EBIT | $83M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $15M |
| SG&A Expenses | $37M |
| Other Expenses | $13M |
| Operating Expenses | $50M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $71M |
| Interest Income | $11M |
| Interest Expense | $22M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $20M |
| NET INCOME | $53M |
| D&A | $2M |
| EBIT | $83M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$242M |
| OPERATING CASH FLOW | -$134M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $304M |
| Common Stock Repurchased | -$18.1K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$54.0K |
| NET CASH FROM FINANCING | $304M |
| FREE CASH FLOW | -$141M |
| Net Change in Cash | $146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $147M |
| Net Receivables | $720M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $922M |
| PP&E (Net) | $27M |
| Goodwill | $7M |
| Intangible Assets | $12M |
| Long-Term Investments | $2M |
| Tax Assets | $10M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $982M |
| Account Payables | $330M |
| Short-Term Debt | $252M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $595M |
| Long-Term Debt | $81M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $535.2K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $88M |
| TOTAL LIABILITIES | $683M |
| Common Stock | $3.1K |
| Additional Paid-In Capital | $272M |
| Retained Earnings | $30M |
| Treasury Stock | -$4.5K |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $299M |
| Minority Interest | $31.4K |
| TOTAL EQUITY | $299M |
| TOTAL LIABILITIES & EQUITY | $982M |
| Total Debt | $338M |
| Net Debt | $289M |
