| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $909M | $605M | $550M | 50.2% | 65.3% |
| Op. Income | $7M | -$153M | $18M | 104.6% | -61.1% |
| Gross Margin | 11.1% | -10.2% | -3.6% | 21.4pp | 14.7pp |
| Net Margin | 1.4% | -20.0% | 3.5% | 21.4pp | -2.0pp |
| EPS (Diluted) | $0.06 | $-0.56 | $0.08 | 110.6% | -25.8% |
| Free Cash Flow | -$3M | -$119M | $203M | 97.5% | -101.5% |
| Item | Amount |
|---|---|
| REVENUE | $909M |
| Cost of Revenue | $808M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $39M |
| Operating Expenses | $85M |
| Cost & Expenses | $893M |
| OPERATING INCOME | $7M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $15M |
| EBIT | $9M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $909M |
| Cost of Revenue | $808M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $39M |
| Operating Expenses | $85M |
| Cost & Expenses | $893M |
| OPERATING INCOME | $7M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $15M |
| EBIT | $9M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $43M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $766M |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $54M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $954M |
| PP&E (Net) | $2.6B |
| Goodwill | $0 |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $672M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $102M |
| Short-Term Debt | $161M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $644M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $212M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $93M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $385M |
| Retained Earnings | $51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $426M |
| Minority Interest | $0 |
| TOTAL EQUITY | $426M |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $2.8B |
| Net Debt | $2.0B |
