| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $487.61M | $226.97M | $427.54M | $669.59M | $739.34M |
| Cost of Revenue | $351.60M | $218.46M | $322.02M | $494.50M | $570.88M |
| Gross Profit | $136.02M | $8.51M | $105.52M | $175.09M | $168.47M |
| Gross Margin % | 27.89% | 3.75% | 24.68% | 26.15% | 22.79% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $25.96M | $25.14M | $31.36M | $28.69M | $13.52M |
| Other Operating Expenses | $70.11M | $73.37M | $73.76M | $78.12M | $93.27M |
| Total Operating Expenses | $96.07M | $98.51M | $105.12M | $106.81M | $106.80M |
| Operating Performance | |||||
| Operating Income | $64.40M | $-79.85M | $1.45M | $68.39M | $61.67M |
| Operating Margin % | 13.21% | -35.18% | 0.34% | 10.21% | 8.34% |
| EBITDA | $127.41M | $9.64M | $79.84M | $146.79M | $154.69M |
| EBITDA Margin % | 26.13% | 4.25% | 18.67% | 21.92% | 20.92% |
| Other Income/Expenses | |||||
| Interest Expense | $54.51M | $45.10M | $30.90M | $49.71M | $94.22M |
| Other Income/Expenses Net | $-61.44M | $-49.23M | $-33.04M | $-45.00M | $-89.61M |
| Income Before Tax | $2.96M | $-129.08M | $-31.59M | $23.39M | $-27.94M |
| Income Tax Expense | $1.76M | $-4.41M | $1.32M | $4.04M | $2.69M |
| Net Performance | |||||
| Net Income | $371.00K | $-105.26M | $-26.66M | $17.76M | $-27.02M |
| Net Margin % | 0.08% | -46.38% | -6.24% | 2.65% | -3.65% |
| EPS | $0.02 | $-5.39 | $-1.37 | $-0.15 | $-1.13 |
| Diluted EPS | $0.02 | $-5.39 | $-1.37 | $-0.15 | $-1.13 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $72.00M | $78.61M | $216.00M | $261.54M | $85.60M |
| Short Term Investments | - | - | $1.85B | $2.33B | $2.85M |
| Net Receivables | $36.24M | $26.82M | $52.93M | $79.01M | $56.94M |
| Inventory | $2.79M | $2.55M | $3.13M | $5.24M | $5.00M |
| Other Current Assets | $63.38M | $38.95M | $-1.79B | $-2.26B | $9.94M |
| Total Current Assets | $174.41M | $146.93M | $323.79M | $406.99M | $238.38M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $82.60M | $81.26M | $80.46M | $79.45M | $78.38M |
| Long Term Investments | $1.90M | $1.71M | $1.69M | $1.69M | $4.52M |
| Tax Assets | - | - | - | $8.00K | $-5.69M |
| Other Non-Current Assets | $1.50B | $1.44B | $1.47B | $1.91B | $1.90B |
| Total Non-Current Assets | $1.58B | $1.53B | $1.56B | $1.99B | $1.99B |
| Total Assets | |||||
| Total Assets | $1.76B | $1.67B | $1.88B | $2.40B | $2.23B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $94.92M | $61.76M | $96.32M | $133.98M | $149.87M |
| Short Term Debt | $502.50M | $42.50M | $60.94M | $60.69M | $3.43M |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | - | - | - | - |
| Other Current Liabilities | $15.17M | $6.90M | $-56.68M | $-40.41M | $12.85M |
| Total Current Liabilities | $612.59M | $111.16M | $100.57M | $154.26M | $166.15M |
| Non-Current Liabilities | |||||
| Long Term Debt | $617.10M | $1.15B | $1.23B | $1.39B | $1.22B |
| Other Non-Current Liabilities | $59.08M | $45.73M | $21.47M | $22.63M | $26.20M |
| Total Non-Current Liabilities | $676.18M | $1.19B | $1.26B | $1.42B | $1.25B |
| Total Liabilities | |||||
| Total Liabilities | $1.29B | $1.31B | $1.36B | $1.57B | $1.41B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $329.00K | $382.00K | $653.00K | $699.00K | $666.00K |
| Retained Earnings | $-150.63M | $-266.01M | $-309.24M | $-324.74M | $-412.20M |
| Accumulated Other Comprehensive Income/Loss | - | - | - | - | - |
| Total Shareholders Equity | $476.19M | $383.21M | $504.33M | $801.79M | $795.07M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $1.76B | $1.69B | $1.86B | $2.40B | $2.23B |
| Total Debt | $1.12B | $1.19B | $1.23B | $1.39B | $1.22B |
| Net Debt | $1.05B | $1.11B | $1.02B | $1.13B | $1.14B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $371.00K | $-105.26M | $-26.66M | $19.35M | $-27.02M |
| Depreciation & Amortization | $70.76M | $74.21M | $74.27M | $78.60M | $93.75M |
| Stock Based Compensation | $7.94M | $7.89M | $10.18M | $11.29M | $9.24M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $-5.79M | $4.06M | $-11.04M | $-9.09M | $11.26M |
| Change in Inventory | - | - | - | - | $-11.26M |
| Change in Accounts Payable | $13.39M | - | - | $1.65M | $47.00K |
| Other Working Capital Changes | $-6.81M | $1.96M | $-15.55M | $12.85M | $6.88M |
| Total Working Capital Change | $-1.41M | $-3.37M | $11.12M | $5.42M | $6.93M |
| Other Operating | |||||
| Other Non-Cash Items | $-12.17M | $-22.79M | $-4.79M | $-5.21M | $481.00K |
| Net Cash from Operations | $66.26M | $-50.29M | $63.95M | $109.48M | $84.71M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-49.15M | $-77.11M |
| Purchase of Investments | - | - | - | $-328.00K | $-238.00K |
| Sale of Investments | - | - | - | $49.48M | $1.00 |
| Other Investing Activities | $-226.69M | $-16.52M | $-41.44M | $-401.89M | $286.00K |
| Net Cash from Investing | $-226.43M | $-16.54M | $-41.68M | $-402.22M | $-74.71M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-257.09M | $-47.82M | $-84.22M | $-68.50M | $-163.71M |
| Stock Repurchases | $-384.00K | $-263.00K | $-376.00K | $-7.91M | $-29.13M |
| Dividends Paid | $-33.41M | $-16.15M | $-9.09M | $-20.76M | $-52.56M |
| Other Financing Activities | $322.94M | $100.58M | $119.18M | $163.61M | $-11.66M |
| Net Cash from Financing | $32.06M | $49.60M | $127.95M | $345.06M | $-159.19M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $-128.11M | $-17.23M | $150.22M | $52.32M | $-149.19M |
| Cash at Beginning of Period | $258.49M | $130.38M | $113.15M | $263.37M | $315.70M |
| Cash at End of Period | $130.38M | $113.15M | $263.37M | $315.70M | $166.50M |
| Key Metrics | |||||
| Operating Cash Flow | $66.26M | $-50.29M | $63.95M | $109.48M | $84.71M |
| Capital Expenditure | - | - | - | $-49.15M | $-77.11M |
| Free Cash Flow | $66.26M | $-50.29M | $63.95M | $60.34M | $7.60M |