| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $257.20M | $383.63M | $284.08M | $454.15M | $667.16M |
| Cost of Revenue | $150.83M | $266.57M | $156.45M | $299.96M | $479.31M |
| Gross Profit | $106.37M | $117.07M | $127.63M | $154.20M | $187.85M |
| Gross Margin % | 41.36% | 30.52% | 44.93% | 33.95% | 28.16% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $12.39M | $12.91M | $14.61M | $15.69M | $18.12M |
| Other Operating Expenses | $54.94M | $60.81M | $69.08M | $74.71M | $96.79M |
| Total Operating Expenses | $67.33M | $73.72M | $83.69M | $90.40M | $114.91M |
| Operating Performance | |||||
| Operating Income | $42.64M | $48.74M | $40.70M | $81.15M | $73.59M |
| Operating Margin % | 16.58% | 12.71% | 14.33% | 17.87% | 11.03% |
| EBITDA | $93.12M | $104.16M | $107.63M | $155.24M | $164.69M |
| EBITDA Margin % | 36.21% | 27.15% | 37.89% | 34.18% | 24.69% |
| Other Income/Expenses | |||||
| Interest Expense | $31.34M | $31.04M | $33.91M | $39.68M | $57.81M |
| Other Income/Expenses Net | $-10.87M | $-12.07M | $-15.98M | $18.66M | $-64.60M |
| Income Before Tax | $31.77M | $36.68M | $24.71M | $99.81M | $8.99M |
| Income Tax Expense | $-491.00K | $-283.00K | $-742.00K | $-145.00K | $1.33M |
| Net Performance | |||||
| Net Income | $24.05M | $29.15M | $21.89M | $74.75M | $8.29M |
| Net Margin % | 9.35% | 7.60% | 7.71% | 16.46% | 1.24% |
| EPS | $0.53 | $0.51 | $0.22 | $0.72 | $-0.05 |
| Diluted EPS | $0.41 | $0.38 | $0.17 | $0.72 | $-0.05 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $39.23M | $41.00M | $35.25M | $48.14M | $27.92M |
| Short Term Investments | - | - | - | $71.98M | $28.86M |
| Net Receivables | $219.45M | $202.56M | $174.11M | $246.39M | $266.25M |
| Inventory | $1.46M | $1.17M | - | $71.98M | - |
| Other Current Assets | $16.54M | $20.97M | $104.29M | $-68.26M | $129.42M |
| Total Current Assets | $276.68M | $265.70M | $313.65M | $298.25M | $329.42M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $57.22M | $56.30M | $70.48M | $69.23M | $1.92B |
| Long Term Investments | - | $1.08M | $12.69M | $71.98M | $170.89M |
| Tax Assets | - | - | - | $1.40M | $-28.86M |
| Other Non-Current Assets | $1.40B | $1.54B | $1.48B | $1.70B | $8.80M |
| Total Non-Current Assets | $1.53B | $1.65B | $1.62B | $1.94B | $2.20B |
| Total Assets | |||||
| Total Assets | $1.80B | $1.92B | $1.94B | $2.24B | $2.56B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $71.19M | $73.72M | $60.76M | $120.31M | $159.33M |
| Short Term Debt | - | $20.00M | $15.14M | $67.13M | $65.63M |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | $5.31M | $6.09M | $4.88M | $17.52M | $21.41M |
| Other Current Liabilities | $17.48M | $11.75M | $58.61M | $-67.13M | $-129.77M |
| Total Current Liabilities | $93.97M | $111.57M | $139.39M | $137.83M | $116.60M |
| Non-Current Liabilities | |||||
| Long Term Debt | $1.01B | $1.00B | $980.22M | $1.15B | $1.56B |
| Other Non-Current Liabilities | $36.96M | $36.08M | $27.34M | $43.12M | $70.52M |
| Total Non-Current Liabilities | $1.06B | $1.05B | $1.02B | $1.20B | $1.64B |
| Total Liabilities | |||||
| Total Liabilities | $1.15B | $1.16B | $1.16B | $1.34B | $1.76B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $563.00K | $591.00K | $630.00K | $677.00K | $668.00K |
| Retained Earnings | $-106.68M | $-112.36M | $-141.36M | $-126.88M | $-184.72M |
| Accumulated Other Comprehensive Income/Loss | $-4.24M | $-8.87M | $-33.00K | $14.68M | $4.91M |
| Total Shareholders Equity | $408.58M | $523.20M | $555.35M | $904.01M | $572.62M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $1.56B | $1.68B | $1.71B | $2.24B | $2.56B |
| Total Debt | $1.01B | $1.02B | $995.36M | $1.21B | $1.52B |
| Net Debt | $970.68M | $982.46M | $960.12M | $1.17B | $1.49B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $32.26M | $36.96M | $25.46M | $99.95M | $8.29M |
| Depreciation & Amortization | $38.22M | $44.26M | $52.57M | $55.66M | $97.98M |
| Stock Based Compensation | $1.61M | $2.38M | $2.23M | $3.27M | $3.68M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | - | $-4.74M | $-13.91M |
| Change in Inventory | - | - | - | $-72.79M | $-65.02M |
| Change in Accounts Payable | - | - | - | $4.74M | $65.02M |
| Other Working Capital Changes | $869.00K | $-198.00K | - | $69.87M | $-10.44M |
| Total Working Capital Change | $-13.76M | $-4.70M | $-7.61M | $-2.92M | $-24.35M |
| Other Operating | |||||
| Other Non-Cash Items | $9.41M | $12.29M | $18.53M | $-39.11M | $220.16M |
| Net Cash from Operations | $67.73M | $91.18M | $91.18M | $116.86M | $92.20M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-17.09M | $-24.65M |
| Purchase of Investments | - | - | - | $-62.87M | $-177.03M |
| Sale of Investments | - | - | - | $288.12M | $246.00K |
| Other Investing Activities | $-294.53M | $-25.15M | $-46.02M | $-178.53M | $-27.44M |
| Net Cash from Investing | $-295.06M | $-26.23M | $-57.63M | $-33.24M | $-237.27M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-270.85M | $-299.32M | $-191.18M | $-723.74M | $-221.70M |
| Stock Repurchases | - | - | - | $-130.00K | $-12.84M |
| Dividends Paid | $-61.50M | $-47.60M | $-58.71M | $-72.58M | $-80.40M |
| Other Financing Activities | $482.37M | $269.17M | $154.67M | $659.09M | $-6.21M |
| Net Cash from Financing | $246.86M | $-58.10M | $-43.54M | $-72.19M | $122.25M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $19.53M | $6.85M | $-9.99M | $11.42M | $-21.70M |
| Cash at Beginning of Period | $24.05M | $43.58M | $50.43M | $40.44M | $51.87M |
| Cash at End of Period | $43.58M | $50.43M | $40.44M | $51.87M | $30.17M |
| Key Metrics | |||||
| Operating Cash Flow | $67.73M | $91.18M | $91.18M | $116.86M | $92.20M |
| Capital Expenditure | - | - | - | $-17.09M | $-24.65M |
| Free Cash Flow | $67.73M | $91.18M | $91.18M | $99.77M | $67.55M |