| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $160.23M | $170.94M | $199.38M | $223.19M | $250.61M |
| Cost of Revenue | $21.21M | $19.59M | $29.60M | $35.81M | $40.26M |
| Gross Profit | $139.02M | $151.35M | $169.78M | $187.38M | $210.35M |
| Gross Margin % | 86.76% | 88.54% | 85.15% | 83.96% | 83.94% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $13.93M | $15.05M | $17.65M | $20.04M | $22.68M |
| Other Operating Expenses | $26.31M | $29.43M | $34.83M | $41.47M | - |
| Total Operating Expenses | $40.25M | $44.48M | $52.48M | $61.51M | $113.67M |
| Operating Performance | |||||
| Operating Income | $98.78M | $106.88M | $117.30M | $126.41M | $136.94M |
| Operating Margin % | 61.65% | 62.52% | 58.83% | 56.64% | 54.64% |
| EBITDA | $125.71M | $136.24M | $152.43M | $167.88M | $188.97M |
| EBITDA Margin % | 78.45% | 79.70% | 76.45% | 75.22% | 75.40% |
| Other Income/Expenses | |||||
| Interest Expense | $26.52M | $29.23M | $32.56M | $36.41M | $44.61M |
| Other Income/Expenses Net | $-25.57M | $-29.06M | $-32.09M | $-28.27M | $-41.35M |
| Income Before Tax | $73.20M | $77.81M | $85.21M | $98.15M | $95.59M |
| Income Tax Expense | $265.00K | $247.00K | $-534.00K | $237.00K | $130.00K |
| Net Performance | |||||
| Net Income | $72.62M | $77.33M | $85.58M | $97.77M | $95.34M |
| Net Margin % | 45.32% | 45.24% | 42.92% | 43.81% | 38.04% |
| EPS | $1.06 | $1.08 | $1.12 | $1.20 | $1.08 |
| Diluted EPS | $1.06 | $1.08 | $1.12 | $1.20 | $1.07 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $5.08M | $11.06M | $6.30M | $26.30M | $16.32M |
| Short Term Investments | - | - | - | $35.28M | $20.95M |
| Net Receivables | $39.73M | $1.04M | $1.31M | $2.66M | $68.03M |
| Inventory | $196.00K | $2.95M | $252.00K | $7.80M | $238.00K |
| Other Current Assets | $5.06M | $4.29M | $4.42M | $3.38M | $-84.35M |
| Total Current Assets | $50.07M | $19.34M | $12.29M | $40.13M | $30.55M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $3.81M | $5.40M | $4.92M | $4.43M | $3.92M |
| Long Term Investments | - | - | - | $35.28M | $29.41M |
| Tax Assets | - | - | $864.00K | $988.00K | $1.25M |
| Other Non-Current Assets | $1.33B | $1.55B | $1.78B | $2.01B | $2.27B |
| Total Non-Current Assets | $1.40B | $1.65B | $1.89B | $2.16B | $2.42B |
| Total Assets | |||||
| Total Assets | $1.45B | $1.67B | $1.90B | $2.20B | $2.45B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $799.00K | $376.00K | $550.00K | $766.00K | $1.26M |
| Short Term Debt | - | - | - | - | $50.00M |
| Tax Payables | - | - | - | $1.54M | $2.52M |
| Deferred Revenue | - | $11.93M | $11.31M | $11.71M | $14.31M |
| Other Current Liabilities | $23.29M | $25.88M | $29.01M | $34.70M | $-12.04M |
| Total Current Liabilities | $24.09M | $38.18M | $40.87M | $47.18M | $57.32M |
| Non-Current Liabilities | |||||
| Long Term Debt | $669.94M | $759.94M | $883.21M | $1.00B | $1.06B |
| Other Non-Current Liabilities | $14.83M | $13.64M | $15.01M | $12.48M | $58.94M |
| Total Non-Current Liabilities | $695.24M | $785.50M | $898.22M | $1.01B | $1.13B |
| Total Liabilities | |||||
| Total Liabilities | $719.33M | $823.68M | $939.09M | $1.06B | $1.19B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $7.00K | $8.00K | $8.00K | $9.00K | $9.00K |
| Retained Earnings | $38.40M | $26.67M | $12.75M | $576.00K | $-26.28M |
| Accumulated Other Comprehensive Income/Loss | $-3.54M | $-25.70M | $-9.82M | $30.94M | $21.98M |
| Total Shareholders Equity | $721.05M | $841.44M | $961.67M | $1.14B | $1.26B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $1.44B | $1.67B | $1.90B | $2.20B | $2.45B |
| Total Debt | $674.34M | $759.94M | $883.21M | $1.00B | $1.12B |
| Net Debt | $669.26M | $748.87M | $876.91M | $974.32M | $1.10B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $72.62M | $77.33M | $85.58M | $97.91M | $95.34M |
| Depreciation & Amortization | $26.31M | $29.43M | $34.83M | $41.47M | $50.73M |
| Stock Based Compensation | $3.60M | $3.38M | $3.95M | $4.98M | $6.27M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | - | $-6.37M | $-5.52M |
| Change in Inventory | - | - | - | - | - |
| Change in Accounts Payable | - | - | - | - | - |
| Other Working Capital Changes | $8.82M | $-9.52M | $3.50M | $8.02M | $16.39M |
| Total Working Capital Change | $-388.00K | $-18.11M | $-4.08M | $1.65M | $10.87M |
| Other Operating | |||||
| Other Non-Cash Items | $2.53M | $-575.00K | $3.01M | $-3.88M | $2.15M |
| Net Cash from Operations | $104.67M | $91.46M | $122.42M | $142.00M | $165.11M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | $-207.35M | - | - | - | - |
| Purchase of Investments | - | - | - | $-296.27M | $-341.07M |
| Sale of Investments | - | - | - | $24.99M | $27.77M |
| Other Investing Activities | - | $-229.07M | $-264.92M | $384.00K | $508.00K |
| Net Cash from Investing | $-207.35M | $-229.07M | $-264.92M | $-270.90M | $-312.79M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | - | $-218.50M | $-164.50M | $-64.00M | $-116.00M |
| Stock Repurchases | $-2.70M | - | - | $-1.02M | $-2.26M |
| Dividends Paid | $-78.49M | $-86.33M | $-96.90M | $-107.54M | $-119.72M |
| Other Financing Activities | $48.48M | $296.68M | $282.63M | $179.63M | $-3.51M |
| Net Cash from Financing | $14.52M | $143.60M | $137.74M | $148.90M | $146.18M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $-88.16M | $5.98M | $-4.76M | $20.00M | $-9.97M |
| Cash at Beginning of Period | $93.24M | $5.08M | $11.06M | $6.30M | $26.30M |
| Cash at End of Period | $5.08M | $11.06M | $6.30M | $26.30M | $16.32M |
| Key Metrics | |||||
| Operating Cash Flow | $104.67M | $91.46M | $122.42M | $142.00M | $165.11M |
| Capital Expenditure | $-207.35M | - | - | - | - |
| Free Cash Flow | $104.67M | $91.46M | $122.42M | $142.00M | $165.11M |