| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $204M | $192M | $187M | 6.5% | 9.1% |
| Op. Income | $56M | $50M | $45M | 12.2% | 24.5% |
| Gross Margin | 95.0% | 95.0% | 93.6% | -0.0pp | 1.4pp |
| Net Margin | 9.3% | 2.4% | 15.8% | 7.0pp | -6.5pp |
| EPS (Diluted) | $0.13 | $0.03 | $0.15 | 333.3% | -13.3% |
| Free Cash Flow | $51M | $27M | $54M | 89.7% | -5.7% |
| Item | Amount |
|---|---|
| REVENUE | $204M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $95M |
| Operating Expenses | $138M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $29M |
| EBIT | $54M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $204M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $95M |
| Operating Expenses | $138M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $29M |
| EBIT | $54M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $95.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$310.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$502.0K |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $0 |
| Net Receivables | $276M |
| Inventory | $20M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $543M |
| PP&E (Net) | $177M |
| Goodwill | $835M |
| Intangible Assets | $336M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $78M |
| Short-Term Debt | $9M |
| Deferred Revenue | $37M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $181M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $534M |
| Retained Earnings | -$74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $18M |
| TOTAL STOCKHOLDERS' EQUITY | $465M |
| Minority Interest | $0 |
| TOTAL EQUITY | $465M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.2B |
| Net Debt | $968M |
