| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $2.00B | $1.78B | $2.07B | $2.74B | $3.28B |
| Cost of Revenue | $1.46B | $1.32B | $113.00M | $1.67B | $2.06B |
| Gross Profit | $542.30M | $464.10M | $1.96B | $1.06B | $1.22B |
| Gross Margin % | 27.13% | 26.05% | 94.55% | 38.85% | 37.26% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $294.80M | $0.00 | $310.00M | $410.10M | $448.00M |
| Other Operating Expenses | $0.00 | $257.40M | $0.00 | $94.90M | - |
| Total Operating Expenses | $294.80M | $257.40M | $310.00M | $505.00M | $448.00M |
| Operating Performance | |||||
| Operating Income | $247.50M | $206.70M | $377.70M | $558.90M | $663.00M |
| Operating Margin % | 12.38% | 11.60% | 18.22% | 20.41% | 20.20% |
| EBITDA | $707.20M | $653.10M | $676.00M | $1.19B | $1.43B |
| EBITDA Margin % | 35.38% | 36.66% | 32.61% | 43.44% | 43.45% |
| Other Income/Expenses | |||||
| Interest Expense | $173.50M | $92.60M | $86.00M | $122.00M | $224.00M |
| Other Income/Expenses Net | $-183.90M | $-112.60M | $-87.70M | $-125.50M | $-216.00M |
| Income Before Tax | $63.60M | $94.10M | $290.00M | $433.40M | $447.00M |
| Income Tax Expense | $16.10M | $20.40M | $-66.00M | $103.50M | $100.00M |
| Net Performance | |||||
| Net Income | $47.50M | $73.70M | $224.00M | $330.00M | $347.00M |
| Net Margin % | 2.38% | 4.14% | 10.81% | 12.05% | 10.57% |
| EPS | $1.66 | $2.53 | $7.57 | $11.15 | $12.18 |
| Diluted EPS | $1.63 | $2.51 | $7.34 | $10.92 | $12.09 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $33.00M | $33.00M | $35.00M | $53.50M | $71.00M |
| Short Term Investments | - | - | - | - | - |
| Net Receivables | $306.70M | $301.20M | $388.00M | $522.50M | $563.00M |
| Inventory | - | - | - | - | - |
| Other Current Assets | $60.00M | $32.90M | $46.00M | $67.50M | $98.00M |
| Total Current Assets | $399.70M | $367.10M | $469.00M | $643.50M | $732.00M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $3.01B | $2.81B | $721.00M | $4.43B | $4.96B |
| Long Term Investments | - | - | - | $-354.90M | - |
| Tax Assets | - | - | - | $354.90M | - |
| Other Non-Current Assets | $23.10M | $18.20M | $2.68B | $34.10M | $418.00M |
| Total Non-Current Assets | $3.42B | $3.22B | $4.02B | $5.31B | $6.33B |
| Total Assets | |||||
| Total Assets | $3.82B | $3.59B | $4.49B | $5.96B | $7.06B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $126.50M | $125.80M | $280.00M | $318.30M | $212.00M |
| Short Term Debt | $60.90M | $47.90M | $38.00M | $58.00M | $56.00M |
| Tax Payables | $16.00M | $29.10M | - | $32.60M | $28.00M |
| Deferred Revenue | $11.30M | $13.50M | - | $19.40M | $18.00M |
| Other Current Liabilities | $108.40M | $111.70M | $211.00M | $208.30M | $212.00M |
| Total Current Liabilities | $323.10M | $328.00M | $529.00M | $604.00M | $508.00M |
| Non-Current Liabilities | |||||
| Long Term Debt | $2.05B | $2.00B | $2.30B | $3.56B | $4.48B |
| Other Non-Current Liabilities | $338.80M | $44.30M | $145.00M | $40.20M | $796.00M |
| Total Non-Current Liabilities | $2.85B | $2.52B | $2.98B | $4.24B | $5.28B |
| Total Liabilities | |||||
| Total Liabilities | $3.17B | $2.85B | $3.51B | $4.85B | $5.79B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $300.00K | $300.00K | - | $300.00K | - |
| Retained Earnings | $-351.20M | $-277.50M | $-53.00M | $224.10M | $498.00M |
| Accumulated Other Comprehensive Income/Loss | $-109.70M | $-107.00M | $-100.00M | $-128.50M | $-118.00M |
| Total Shareholders Equity | $644.30M | $742.00M | $976.00M | $1.11B | $1.27B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $3.82B | $3.59B | $4.49B | $5.96B | $7.06B |
| Total Debt | $2.11B | $2.05B | $2.34B | $3.62B | $4.48B |
| Net Debt | $2.08B | $2.02B | $2.31B | $3.56B | $4.41B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $47.50M | $73.70M | $224.00M | $329.90M | $347.00M |
| Depreciation & Amortization | $470.10M | $466.40M | $432.00M | $630.80M | $755.00M |
| Stock Based Compensation | $19.50M | $16.40M | $23.00M | $27.10M | $18.00M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | $-92.70M | $-171.90M | $-98.00M |
| Change in Inventory | - | - | - | - | - |
| Change in Accounts Payable | $-12.90M | $-6.40M | $22.00M | $-22.40M | $7.00M |
| Other Working Capital Changes | $76.60M | $39.10M | $-60.00M | $14.40M | $-8.00M |
| Total Working Capital Change | $-28.40M | $-17.50M | $-62.90M | $-179.90M | $-99.00M |
| Other Operating | |||||
| Other Non-Cash Items | $116.20M | $60.00M | $74.90M | $25.00M | $-24.00M |
| Net Cash from Operations | $635.60M | $610.90M | $744.00M | $916.70M | $1.09B |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | $-638.40M | $-344.10M | $4.00M | $-1.27B | $-1.48B |
| Purchase of Investments | - | - | - | - | - |
| Sale of Investments | - | - | - | - | - |
| Other Investing Activities | $174.80M | $157.70M | $-534.00M | $105.60M | $-15.00M |
| Net Cash from Investing | $-463.60M | $-207.50M | $-961.00M | $-1.68B | $-1.58B |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-2.56B | $-938.90M | $-12.00M | $-1.63B | $-723.00M |
| Stock Repurchases | - | - | - | $-115.20M | $-145.00M |
| Dividends Paid | - | - | $-14.00M | $-68.10M | $-73.00M |
| Other Financing Activities | $2.39B | $532.90M | $245.00M | $2.60B | $1.45B |
| Net Cash from Financing | $-167.10M | $-406.00M | $219.00M | $784.10M | $512.00M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $5.20M | - | $2.00M | $18.40M | $17.50M |
| Cash at Beginning of Period | $27.80M | $33.00M | $33.00M | $35.10M | $53.50M |
| Cash at End of Period | $33.00M | $33.00M | $35.00M | $53.50M | $71.00M |
| Key Metrics | |||||
| Operating Cash Flow | $635.60M | $610.90M | $744.00M | $916.70M | $1.09B |
| Capital Expenditure | $-695.30M | $-385.50M | $-48.00M | $-1.27B | $-1.48B |
| Free Cash Flow | $-59.70M | $225.40M | $696.00M | $-355.50M | $-390.00M |