| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $185.30M | $159.34M | $155.32M | $175.15M | $197.24M |
| Cost of Revenue | $47.34M | $15.07M | $15.39M | $15.49M | $14.41M |
| Gross Profit | $137.97M | $144.27M | $139.93M | $159.67M | $182.83M |
| Gross Margin % | 74.45% | 90.55% | 90.09% | 91.16% | 92.69% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $18.45M | $19.71M | $21.46M | $23.71M | $24.29M |
| Other Operating Expenses | $39.38M | $39.07M | $39.32M | $39.02M | $69.73M |
| Total Operating Expenses | $57.84M | $58.78M | $60.78M | $62.73M | $94.02M |
| Operating Performance | |||||
| Operating Income | $81.87M | $95.63M | $54.81M | $99.08M | $89.96M |
| Operating Margin % | 44.18% | 60.02% | 35.29% | 56.57% | 45.61% |
| EBITDA | $150.32M | $164.07M | $121.53M | $135.94M | $175.89M |
| EBITDA Margin % | 81.12% | 102.97% | 78.25% | 77.61% | 89.17% |
| Other Income/Expenses | |||||
| Interest Expense | $30.58M | $29.71M | $27.38M | $31.44M | $47.01M |
| Other Income/Expenses Net | $-1.00M | $47.00K | $1.42M | $1.50M | $1.50M |
| Income Before Tax | $80.87M | $95.68M | $56.22M | $100.58M | $91.46M |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $-364.00K | - |
| Net Performance | |||||
| Net Income | $80.53M | $95.29M | $55.86M | $100.02M | $89.74M |
| Net Margin % | 43.46% | 59.81% | 35.96% | 57.11% | 45.49% |
| EPS | $2.03 | $2.42 | $1.41 | $2.49 | $2.16 |
| Diluted EPS | $2.02 | $2.42 | $1.41 | $2.48 | $2.16 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $4.24M | $7.77M | $5.16M | $10.38M | $20.29M |
| Short Term Investments | - | - | $19.34M | $19.34M | $987.97M |
| Net Receivables | $344.32M | $328.91M | $436.45M | $591.96M | $134.08M |
| Inventory | - | - | - | $13.02M | $18.39M |
| Other Current Assets | $7.28M | $5.32M | $-15.15M | $11.10M | $-154.36M |
| Total Current Assets | $355.84M | $342.00M | $445.80M | $624.15M | $864.63M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | - | - | - | $1.01B | $969.57M |
| Long Term Investments | $19.00M | $11.34M | $19.34M | $19.34M | $19.34M |
| Tax Assets | - | - | - | - | $1.86B |
| Other Non-Current Assets | $1.14B | $1.11B | $1.04B | $4.11M | $1.56M |
| Total Non-Current Assets | $1.16B | $1.12B | $1.06B | $1.03B | $990.47M |
| Total Assets | |||||
| Total Assets | $1.51B | $1.46B | $1.50B | $1.66B | $1.86B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | - | - | - | - | - |
| Short Term Debt | - | - | - | $130.00M | $49.16M |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | - | - | - | - |
| Other Current Liabilities | $35.40M | $34.30M | $36.98M | $37.94M | $-1.65M |
| Total Current Liabilities | $35.40M | $34.30M | $36.98M | $167.94M | $47.51M |
| Non-Current Liabilities | |||||
| Long Term Debt | $693.39M | $649.38M | $722.72M | $637.85M | $842.16M |
| Other Non-Current Liabilities | - | - | - | - | $49.16M |
| Total Non-Current Liabilities | $693.39M | $649.38M | $722.72M | $637.85M | $891.32M |
| Total Liabilities | |||||
| Total Liabilities | $728.78M | $683.68M | $759.70M | $805.80M | $938.83M |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $398.00K | $392.00K | $394.00K | $412.00K | $430.00K |
| Retained Earnings | $-90.80M | $-85.77M | $-120.40M | $-111.89M | $-116.92M |
| Accumulated Other Comprehensive Income/Loss | - | - | $-172.00K | $8.72M | $6.11M |
| Total Shareholders Equity | $776.94M | $767.40M | $736.71M | $828.37M | $881.28M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $1.51B | $1.45B | $1.50B | $1.66B | $1.86B |
| Total Debt | $693.39M | $649.38M | $722.72M | $767.85M | $891.32M |
| Net Debt | $689.14M | $641.61M | $717.56M | $757.48M | $871.03M |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $80.53M | $95.29M | $55.86M | $100.58M | $89.15M |
| Depreciation & Amortization | $39.22M | $39.07M | $38.30M | $37.50M | $38.19M |
| Stock Based Compensation | $6.57M | $7.01M | $7.76M | $7.96M | $8.48M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | - | $-7.17M | $-9.28M |
| Change in Inventory | - | - | - | - | - |
| Change in Accounts Payable | - | - | - | - | - |
| Other Working Capital Changes | $-1.75M | $-2.02M | $2.96M | $3.19M | $-5.61M |
| Total Working Capital Change | $-6.80M | $-8.95M | $-4.29M | $-3.99M | $-14.90M |
| Other Operating | |||||
| Other Non-Cash Items | $2.96M | $-16.33M | $-6.45M | $-36.47M | $77.56M |
| Net Cash from Operations | $122.47M | $116.10M | $91.18M | $105.59M | $104.34M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-8.99M | $-9.69M |
| Purchase of Investments | - | - | - | $-191.59M | $-249.08M |
| Sale of Investments | - | - | - | $80.64M | $83.85M |
| Other Investing Activities | $-85.12M | $34.60M | $-64.11M | $-50.00K | $-187.74M |
| Net Cash from Investing | $-78.99M | $43.93M | $-69.79M | $-119.95M | $-174.91M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-159.67M | $-68.16M | $-230.56M | $-223.06M | $-123.09M |
| Stock Repurchases | - | $-18.01M | - | $-1.36M | $-1.62M |
| Dividends Paid | $-90.90M | $-90.26M | $-90.49M | $-91.51M | $-94.76M |
| Other Financing Activities | $206.57M | $19.93M | $297.05M | $267.35M | $-1.69M |
| Net Cash from Financing | $-44.00M | $-156.50M | $-24.01M | $19.58M | $80.42M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $-520.00K | $3.53M | $-2.61M | $5.22M | $9.91M |
| Cash at Beginning of Period | $4.76M | $4.24M | $7.77M | $5.16M | $10.38M |
| Cash at End of Period | $4.24M | $7.77M | $5.16M | $10.38M | $20.29M |
| Key Metrics | |||||
| Operating Cash Flow | $122.47M | $116.10M | $91.18M | $105.59M | $104.34M |
| Capital Expenditure | $-608.00K | $-354.00K | - | $-8.99M | $-9.69M |
| Free Cash Flow | $121.86M | $115.75M | $91.18M | $96.59M | $94.65M |