| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $229M | $195M | $64M | 17.0% | 256.2% |
| Op. Income | $28M | $36M | $10M | -23.3% | 188.0% |
| Gross Margin | 99.9% | 99.2% | 97.8% | 0.6pp | 2.1pp |
| Net Margin | 12.7% | 19.1% | 15.1% | -6.3pp | -2.3pp |
| EPS (Diluted) | $0.30 | $0.39 | $0.10 | -23.1% | 203.6% |
| Free Cash Flow | $41M | $91M | $16M | -55.4% | 153.4% |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $269.0K |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $93M |
| General & Administrative | $69M |
| SG&A Expenses | $163M |
| Other Expenses | $38M |
| Operating Expenses | $201M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $28M |
| Interest Income | $5M |
| Interest Expense | $269.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $269.0K |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $93M |
| General & Administrative | $69M |
| SG&A Expenses | $163M |
| Other Expenses | $38M |
| Operating Expenses | $201M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $28M |
| Interest Income | $5M |
| Interest Expense | $269.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | $643M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | $595M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $554M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $89M |
| Goodwill | $67M |
| Intangible Assets | $21M |
| Long-Term Investments | $170M |
| Tax Assets | $0 |
| Other Non-Current Assets | $152M |
| TOTAL NON-CURRENT ASSETS | $498M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $9M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $648M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $100M |
| TOTAL NON-CURRENT LIABILITIES | $820M |
| TOTAL LIABILITIES | $887M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $712M |
| Retained Earnings | $7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $719M |
| Minority Interest | $0 |
| TOTAL EQUITY | $719M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $721M |
| Net Debt | -$328M |
