| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $517M | $357M | $211M | 44.6% | 145.5% |
| Op. Income | $403M | $252M | $99M | 59.7% | 309.0% |
| Gross Margin | 81.4% | 74.7% | 57.1% | 6.7pp | 24.3pp |
| Net Margin | 48.7% | -30.1% | -20.0% | 78.8pp | 68.8pp |
| EPS (Diluted) | $1.56 | $-0.67 | $-0.26 | 334.1% | 691.7% |
| Free Cash Flow | $76M | $106M | $55M | -27.9% | 39.0% |
| Item | Amount |
|---|---|
| REVENUE | $517M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $421M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $13M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $403M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$113M |
| INCOME BEFORE TAX | $290M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $99M |
| EBIT | $291M |
| EBITDA | $390M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $517M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $421M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $13M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $403M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$113M |
| INCOME BEFORE TAX | $290M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $99M |
| EBIT | $291M |
| EBITDA | $390M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $252M |
| Depreciation & Amortization | $108M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$150M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $183M |
| Capital Expenditure | -$107M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | -$79M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$79M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $240M |
| Inventory | $15M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $346M |
| PP&E (Net) | $3.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $274M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $322M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $197M |
| TOTAL CURRENT LIABILITIES | $546M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $240M |
| Other Non-Current Liabilities | $769M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $36M |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
