| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $80M | $75M | 36.5% | 46.2% |
| Op. Income | $38M | $12M | $11M | 205.6% | 248.6% |
| Gross Margin | 47.9% | 34.7% | 36.1% | 13.2pp | 11.8pp |
| Net Margin | 20.8% | 0.6% | -1.2% | 20.2pp | 22.1pp |
| EPS (Diluted) | $0.24 | $0.01 | $-0.01 | 4605.9% | 2653.2% |
| Free Cash Flow | -$1M | -$34M | $56M | 96.4% | -102.1% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $4M |
| Operating Expenses | $15M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $15M |
| EBIT | $38M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $4M |
| Operating Expenses | $15M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $15M |
| EBIT | $38M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $669.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $490.0K |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$77.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $78M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $318M |
| Goodwill | $41M |
| Intangible Assets | $82M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $453M |
| TOTAL ASSETS | $547M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $353M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $366M |
| TOTAL LIABILITIES | $422M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $114M |
| Retained Earnings | $37M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $125M |
| Minority Interest | $0 |
| TOTAL EQUITY | $125M |
| TOTAL LIABILITIES & EQUITY | $547M |
| Total Debt | $355M |
| Net Debt | $345M |
