| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $547M | $479M | $392M | 14.1% | 39.5% |
| Op. Income | $20M | -$19M | $11M | 208.1% | 79.5% |
| Gross Margin | 10.6% | 8.9% | 12.0% | 1.7pp | -1.4pp |
| Net Margin | 2.2% | -5.3% | 0.8% | 7.5pp | 1.4pp |
| EPS (Diluted) | $0.24 | $-0.51 | $0.06 | 147.1% | 300.0% |
| Free Cash Flow | -$45M | $38M | -$27M | -217.6% | -67.5% |
| Item | Amount |
|---|---|
| REVENUE | $547M |
| Cost of Revenue | $489M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $26M |
| SG&A Expenses | $33M |
| Other Expenses | $5M |
| Operating Expenses | $38M |
| Cost & Expenses | $527M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $13M |
| EBIT | $20M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $547M |
| Cost of Revenue | $489M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $26M |
| SG&A Expenses | $33M |
| Other Expenses | $5M |
| Operating Expenses | $38M |
| Cost & Expenses | $527M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $13M |
| EBIT | $20M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$50.0K |
| Other Non-Cash Items | -$692.0K |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | -$35M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $56M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $530.0K |
| NET CASH FROM FINANCING | $44M |
| FREE CASH FLOW | -$45M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $294M |
| Inventory | $287M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $696M |
| PP&E (Net) | $244M |
| Goodwill | $188M |
| Intangible Assets | $109M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $571M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $259M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $81M |
| TOTAL CURRENT LIABILITIES | $373M |
| Long-Term Debt | $484M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $552M |
| TOTAL LIABILITIES | $925M |
| Common Stock | $764.0K |
| Additional Paid-In Capital | $657M |
| Retained Earnings | $100M |
| Treasury Stock | -$430M |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $342M |
| Minority Interest | $0 |
| TOTAL EQUITY | $342M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $496M |
| Net Debt | $423M |
