| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $279M | $242M | $116M | 15.3% | 141.1% |
| Op. Income | $67M | $33M | -$41M | 101.6% | 264.8% |
| Gross Margin | 27.5% | 18.3% | -26.1% | 9.2pp | 53.6pp |
| Net Margin | 24.4% | 11.8% | -44.9% | 12.6pp | 69.3pp |
| EPS (Diluted) | $1.98 | $0.83 | $-1.54 | 138.6% | 228.6% |
| Free Cash Flow | $42M | $13M | -$44M | 220.4% | 195.5% |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $202M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $212M |
| OPERATING INCOME | $67M |
| Interest Income | $216.0K |
| Interest Expense | $9M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $24M |
| EBIT | $78M |
| EBITDA | $103M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $202M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $212M |
| OPERATING INCOME | $67M |
| Interest Income | $216.0K |
| Interest Expense | $9M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $24M |
| EBIT | $78M |
| EBITDA | $103M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $903.0K |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $0 |
| Net Receivables | $160M |
| Inventory | $66M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $319M |
| PP&E (Net) | $1.3B |
| Goodwill | $2M |
| Intangible Assets | $1M |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $35M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $535M |
| TOTAL LIABILITIES | $710M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$380M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $923M |
| Minority Interest | $0 |
| TOTAL EQUITY | $923M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $587M |
| Net Debt | $509M |
