| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $504.00M | $754.00M | $840.00M | $920.00M | $922.00M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $267.00M | $427.00M |
| Gross Profit | $0.00 | $0.00 | $0.00 | $653.00M | $495.00M |
| Gross Margin % | 0.00% | 0.00% | 0.00% | 70.98% | 53.69% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $0.00 | $0.00 | $0.00 | $20.00M | $23.00M |
| Other Operating Expenses | $242.00M | $342.00M | $421.00M | $465.00M | $5.00M |
| Total Operating Expenses | $242.00M | $342.00M | $421.00M | $465.00M | $206.00M |
| Operating Performance | |||||
| Operating Income | $261.00M | $414.00M | $402.00M | $478.00M | $467.00M |
| Operating Margin % | 51.79% | 54.91% | 47.86% | 51.96% | 50.65% |
| EBITDA | $444.00M | $693.00M | $707.00M | $785.00M | $850.00M |
| EBITDA Margin % | 88.10% | 91.91% | 84.17% | 85.33% | 92.19% |
| Other Income/Expenses | |||||
| Interest Expense | $75.00M | $113.00M | $112.00M | $137.00M | $150.00M |
| Other Income/Expenses Net | $31.00M | $26.00M | $20.00M | $4.00M | $33.00M |
| Income Before Tax | $292.00M | $440.00M | $422.00M | $482.00M | $500.00M |
| Income Tax Expense | $72.00M | $116.00M | $104.00M | $100.00M | $104.00M |
| Net Performance | |||||
| Net Income | $204.00M | $312.00M | $307.00M | $370.00M | $384.00M |
| Net Margin % | 40.48% | 41.38% | 36.55% | 40.22% | 41.65% |
| EPS | $2.11 | $3.22 | $3.29 | $3.83 | $3.96 |
| Diluted EPS | $2.11 | $3.22 | $3.28 | $3.81 | $3.94 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $46.00M | $42.00M | $132.00M | $61.00M | $56.00M |
| Short Term Investments | - | - | - | - | - |
| Net Receivables | $227.00M | $400.00M | $178.00M | $161.00M | $169.00M |
| Inventory | - | - | - | $22.00M | - |
| Other Current Assets | $27.00M | $41.00M | $50.00M | $18.00M | $47.00M |
| Total Current Assets | $300.00M | $483.00M | $360.00M | $262.00M | $272.00M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $3.11B | $3.52B | $3.53B | $3.84B | $4.47B |
| Long Term Investments | $1.68B | $1.69B | $1.69B | $2.20B | $1.77B |
| Tax Assets | - | - | - | $70.00M | $-4.00M |
| Other Non-Current Assets | $26.00M | $40.00M | $34.00M | $-34.00M | $31.00M |
| Total Non-Current Assets | $7.49B | $7.86B | $7.81B | $8.57B | $8.71B |
| Total Assets | |||||
| Total Assets | $7.79B | $8.34B | $8.17B | $8.83B | $8.98B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $49.00M | $39.00M | $22.00M | $119.00M | $94.00M |
| Short Term Debt | $2.94B | $3.19B | $26.00M | $346.00M | $178.00M |
| Tax Payables | - | - | $24.00M | $29.00M | $34.00M |
| Deferred Revenue | - | - | - | $923.00M | $18.00M |
| Other Current Liabilities | $414.00M | $57.00M | $105.00M | $-774.00M | $110.00M |
| Total Current Liabilities | $3.40B | $3.29B | $177.00M | $614.00M | $434.00M |
| Non-Current Liabilities | |||||
| Long Term Debt | $31.00M | $28.00M | $3.06B | $3.08B | $3.09B |
| Other Non-Current Liabilities | $61.00M | $55.00M | $55.00M | $36.00M | $34.00M |
| Total Non-Current Liabilities | $663.00M | $826.00M | $3.97B | $4.07B | $4.27B |
| Total Liabilities | |||||
| Total Liabilities | $4.06B | $4.11B | $4.15B | $4.68B | $4.70B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | - | - | $1.00M | $1.00M | $1.00M |
| Retained Earnings | $501.00M | $751.00M | $431.00M | $547.00M | $661.00M |
| Accumulated Other Comprehensive Income/Loss | $-13.00M | $-11.00M | $-10.00M | $-10.00M | $-8.00M |
| Total Shareholders Equity | $3.57B | $4.07B | $3.87B | $4.01B | $4.14B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $7.63B | $8.19B | $8.02B | $8.83B | $8.98B |
| Total Debt | $2.97B | $3.22B | $3.08B | $3.42B | $3.27B |
| Net Debt | $2.92B | $3.18B | $2.95B | $3.36B | $3.21B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $204.00M | $312.00M | $307.00M | $382.00M | $384.00M |
| Depreciation & Amortization | $93.00M | $152.00M | $184.00M | $189.00M | $200.00M |
| Stock Based Compensation | - | - | - | $17.00M | $20.00M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $-20.00M | $-16.00M | $-43.00M | $8.00M | $7.00M |
| Change in Inventory | - | - | - | - | - |
| Change in Accounts Payable | - | $-1.00M | $-6.00M | $7.00M | $-5.00M |
| Other Working Capital Changes | $-31.00M | $3.00M | $-5.00M | $25.00M | $51.00M |
| Total Working Capital Change | $-51.00M | $-14.00M | $-54.00M | $40.00M | $53.00M |
| Other Operating | |||||
| Other Non-Cash Items | $76.00M | $36.00M | $31.00M | $27.00M | $458.00M |
| Net Cash from Operations | $390.00M | $597.00M | $572.00M | $725.00M | $1.23B |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-338.00M | $-772.00M |
| Purchase of Investments | - | - | - | $-557.00M | $-7.00M |
| Sale of Investments | - | - | - | $557.00M | $7.00M |
| Other Investing Activities | $-120.00M | $-679.00M | $134.00M | $41.00M | $1.00M |
| Net Cash from Investing | $-2.56B | $-714.00M | $123.00M | $-854.00M | $-778.00M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | - | - | $-3.21B | $-636.00M | $-165.00M |
| Stock Repurchases | - | - | - | $-3.00M | - |
| Dividends Paid | - | - | $-559.00M | $-244.00M | $-263.00M |
| Other Financing Activities | $2.19B | $113.00M | $3.16B | $941.00M | $-24.00M |
| Net Cash from Financing | $2.19B | $113.00M | $-605.00M | $58.00M | $-452.00M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $20.00M | $-4.00M | $90.00M | $-71.00M | $-5.00M |
| Cash at Beginning of Period | $26.00M | $46.00M | $42.00M | $132.00M | $61.00M |
| Cash at End of Period | $46.00M | $42.00M | $132.00M | $61.00M | $56.00M |
| Key Metrics | |||||
| Operating Cash Flow | $390.00M | $597.00M | $572.00M | $725.00M | $1.23B |
| Capital Expenditure | $-211.00M | $-518.00M | $-140.00M | $-338.00M | $-772.00M |
| Free Cash Flow | $179.00M | $79.00M | $432.00M | $387.00M | $453.00M |