| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $395M | $367M | $174M | 7.4% | 126.8% |
| Op. Income | $182M | $154M | -$7M | 17.9% | 2572.5% |
| Gross Margin | 49.5% | 52.0% | 1.6% | -2.5pp | 47.9pp |
| Net Margin | 42.9% | 39.9% | -8.0% | 3.1pp | 50.9pp |
| EPS (Diluted) | $4.90 | $4.25 | $-0.41 | 15.3% | 1295.1% |
| Free Cash Flow | $167M | $141M | -$19M | 18.2% | 990.5% |
| Item | Amount |
|---|---|
| REVENUE | $395M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $14M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $182M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $24M |
| EBIT | $183M |
| EBITDA | $207M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $395M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $14M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $182M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $24M |
| EBIT | $183M |
| EBITDA | $207M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $169M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $500.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $641.0K |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $167M |
| Capital Expenditure | -$442.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$442.0K |
| Net Debt Issuance | -$178M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$178M |
| FREE CASH FLOW | $167M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $0 |
| Net Receivables | $235M |
| Inventory | $64M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $488M |
| PP&E (Net) | $1.3B |
| Goodwill | $2M |
| Intangible Assets | $948.0K |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $424M |
| TOTAL LIABILITIES | $599M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$64M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $451M |
| Net Debt | $282M |
