| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $171.02M | $186.88M | $221.93M | $276.21M | $323.59M |
| Cost of Revenue | $44.20M | $49.10M | $56.25M | $68.90M | $79.09M |
| Gross Profit | $126.82M | $137.79M | $165.68M | $207.31M | $244.51M |
| Gross Margin % | 74.15% | 73.73% | 74.66% | 75.05% | 75.56% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $23.92M | $23.49M | $26.96M | $31.19M | $37.94M |
| Other Operating Expenses | $44.02M | $45.88M | $50.69M | $65.76M | - |
| Total Operating Expenses | $67.94M | $69.36M | $77.65M | $96.96M | $37.94M |
| Operating Performance | |||||
| Operating Income | $58.88M | $68.42M | $88.03M | $127.43M | $206.57M |
| Operating Margin % | 34.43% | 36.61% | 39.67% | 46.14% | 63.84% |
| EBITDA | $111.19M | $136.25M | $148.31M | $176.93M | $206.35M |
| EBITDA Margin % | 65.01% | 72.90% | 66.83% | 64.05% | 63.77% |
| Other Income/Expenses | |||||
| Interest Expense | $16.34M | $16.00M | $18.05M | $23.85M | $24.80M |
| Other Income/Expenses Net | $-3.37M | $11.37M | $-777.00K | $70.58M | $-55.11M |
| Income Before Tax | $55.52M | $79.80M | $87.25M | $198.01M | $151.46M |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $23.85M | - |
| Net Performance | |||||
| Net Income | $55.52M | $79.80M | $87.25M | $198.01M | $151.46M |
| Net Margin % | 32.46% | 42.70% | 39.32% | 71.69% | 46.81% |
| EPS | $0.86 | $1.17 | $1.23 | $2.61 | $1.81 |
| Diluted EPS | $0.85 | $1.16 | $1.23 | $2.61 | $1.81 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $110.08M | $107.18M | $204.40M | $26.39M | $165.40M |
| Short Term Investments | - | - | - | $3.40B | - |
| Net Receivables | $15.86M | - | - | $48.00M | - |
| Inventory | - | - | - | $29.77M | - |
| Other Current Assets | $2.66M | $656.00K | $397.00K | $-76.08M | $836.00K |
| Total Current Assets | $128.60M | $107.84M | $204.80M | $28.08M | $166.24M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | - | - | - | $3.04B | - |
| Long Term Investments | - | - | - | - | - |
| Tax Assets | - | - | - | - | - |
| Other Non-Current Assets | $1.89B | $1.94B | $2.61B | $-13.82M | $13.99M |
| Total Non-Current Assets | $1.98B | $2.03B | $2.72B | $3.14B | $147.33M |
| Total Assets | |||||
| Total Assets | $2.11B | $2.14B | $2.92B | $3.16B | $3.90B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $27.70M | $26.69M | $45.03M | $49.69M | $61.78M |
| Short Term Debt | - | - | - | $571.83M | $100.00M |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | - | - | - | - |
| Other Current Liabilities | $29.79M | $27.35M | $25.62M | $-541.07M | $-60.95M |
| Total Current Liabilities | $57.49M | $54.04M | $70.64M | $80.45M | $100.84M |
| Non-Current Liabilities | |||||
| Long Term Debt | $491.58M | $459.12M | $720.67M | $770.82M | $84.72M |
| Other Non-Current Liabilities | $42.28M | $38.48M | $74.94M | $83.33M | $332.91M |
| Total Non-Current Liabilities | $533.85M | $497.60M | $795.61M | $854.15M | $417.63M |
| Total Liabilities | |||||
| Total Liabilities | $591.34M | $551.64M | $866.25M | $934.59M | $990.05M |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $673.00K | $686.00K | $752.00K | $765.00K | $876.00K |
| Retained Earnings | $2.62M | $5.93M | $2.80M | $88.27M | $95.58M |
| Accumulated Other Comprehensive Income/Loss | $-437.00K | $-183.00K | - | $-26.46M | $-31.79M |
| Total Shareholders Equity | $1.52B | $1.59B | $2.06B | $2.23B | $2.91B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $2.11B | $2.14B | $2.92B | $3.16B | $3.90B |
| Total Debt | $491.58M | $459.12M | $720.67M | $770.82M | $771.56M |
| Net Debt | $381.49M | $351.94M | $516.27M | $744.43M | $606.16M |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $55.52M | $79.80M | $87.25M | $198.01M | $151.46M |
| Depreciation & Amortization | $39.33M | $40.46M | $43.00M | $49.49M | $59.30M |
| Stock Based Compensation | $10.64M | $9.83M | $9.55M | $10.17M | $13.47M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | - | - | - |
| Change in Inventory | - | - | - | - | - |
| Change in Accounts Payable | $1.54M | $678.00K | $20.04M | $7.05M | $7.14M |
| Other Working Capital Changes | - | - | - | $-1.37M | $-6.60M |
| Total Working Capital Change | $-37.00K | $-3.23M | $16.37M | $5.68M | $537.00K |
| Other Operating | |||||
| Other Non-Cash Items | $-10.77M | $-25.79M | $-23.98M | $-120.15M | $-6.92M |
| Net Cash from Operations | $94.69M | $101.05M | $132.21M | $143.21M | $179.68M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | $-32.07M | $-31.61M | $-51.29M | $-66.61M | $-53.06M |
| Purchase of Investments | - | - | - | $-433.20M | $53.06M |
| Sale of Investments | - | - | - | $49.98M | $34.92M |
| Other Investing Activities | $-219.41M | $-20.48M | $-615.15M | $-295.39M | $-1.07B |
| Net Cash from Investing | $-251.48M | $-52.09M | $-666.44M | $-337.66M | $-570.39M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-87.51M | $-33.08M | $-86.27M | $-258.00M | $-82.00M |
| Stock Repurchases | $-3.96M | - | $-582.00K | $-1.05M | $-1.51M |
| Dividends Paid | $-63.57M | $-74.78M | $-84.63M | $-107.41M | $-135.85M |
| Other Financing Activities | $112.03M | $-10.78M | $340.29M | $305.34M | $76.88M |
| Net Cash from Financing | $235.05M | $-53.87M | $631.20M | $17.73M | $528.86M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $78.26M | $-4.90M | $96.97M | $-176.72M | $138.15M |
| Cash at Beginning of Period | $34.48M | $112.74M | $107.84M | $204.80M | $28.08M |
| Cash at End of Period | $112.74M | $107.84M | $204.80M | $28.08M | $166.24M |
| Key Metrics | |||||
| Operating Cash Flow | $94.69M | $101.05M | $132.21M | $143.21M | $179.68M |
| Capital Expenditure | $-32.07M | $-31.61M | $-51.29M | $-66.61M | $-53.06M |
| Free Cash Flow | $62.62M | $69.44M | $80.92M | $76.60M | $126.62M |