| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303M | $235M | $151M | 28.9% | 100.7% |
| Op. Income | $16M | -$35M | -$46M | 145.7% | 134.8% |
| Gross Margin | 92.4% | 91.9% | 91.4% | 0.5pp | 1.0pp |
| Net Margin | 0.3% | -17.0% | -31.8% | 17.4pp | 32.1pp |
| EPS (Diluted) | $0.01 | $-0.29 | $-0.36 | 103.4% | 102.8% |
| Free Cash Flow | -$78M | $110M | -$42M | -170.9% | -85.7% |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $280M |
| R&D Expenses | $0 |
| Selling & Marketing | $104M |
| General & Administrative | $81M |
| SG&A Expenses | $185M |
| Other Expenses | $79M |
| Operating Expenses | $264M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $28M |
| EBIT | $15M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $280M |
| R&D Expenses | $0 |
| Selling & Marketing | $104M |
| General & Administrative | $81M |
| SG&A Expenses | $185M |
| Other Expenses | $79M |
| Operating Expenses | $264M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $28M |
| EBIT | $15M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | -$123M |
| OPERATING CASH FLOW | -$63M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$78M |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $682M |
| Short-Term Investments | $0 |
| Net Receivables | $250M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $960M |
| PP&E (Net) | $263M |
| Goodwill | $846M |
| Intangible Assets | $69M |
| Long-Term Investments | $38M |
| Tax Assets | $37M |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $123M |
| TOTAL CURRENT LIABILITIES | $363M |
| Long-Term Debt | $832M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $222M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $270M |
| Treasury Stock | -$722M |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $794M |
| Minority Interest | $0 |
| TOTAL EQUITY | $794M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $931M |
| Net Debt | $249M |
