$4.83B
Revenue
$196.50M
Net Income
20.93%
Gross Margin
7.11%
Op. Margin
$624.40M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|---|---|---|
| Total Revenue | $4.83B | $6.00B | $4.57B | $2.25B | $3.18B | $3.65B |
| Revenue Growth % | -19.6% | 31.3% | 102.7% | -29.2% | -12.9% | nan% |
| Cost of Revenue | $3.82B | $5.00B | $3.84B | $1.60B | $2.54B | $3.13B |
| Gross Profit | $1.01B | $1.00B | $725.10M | $653.80M | $637.00M | $524.70M |
| Gross Margin % | 20.9% | 16.7% | 15.9% | 29.0% | 20.0% | 14.4% |
| Operating Expenses | $667.10M | $767.80M | $502.40M | $567.00M | $234.80M | $411.20M |
| Operating Income | $343.20M | $235.80M | $222.70M | $86.80M | $402.20M | $113.50M |
| Operating Margin % | 7.1% | 3.9% | 4.9% | 3.9% | 12.6% | 3.1% |
| Interest Expense | $221.50M | $177.40M | $132.10M | $133.60M | $115.40M | $99.20M |
| Other Income/Expense | $400.00K | $300.00K | $100.00K | $-700.00K | $600.00K | $400.00K |
| Income Before Tax | $260.80M | $74.40M | $-37.20M | $-14.90M | $320.20M | $67.10M |
| Income Tax Expense | $1.30M | $1.90M | $200.00K | $400.00K | $300.00K | $100.00K |
| Net Income | $196.50M | $31.30M | $-78.50M | $-56.10M | $285.10M | $50.80M |
| Net Margin % | 4.1% | 0.5% | -1.7% | -2.5% | 9.0% | 1.4% |
| Breakdown | FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $7.50M | $13.30M | $14.00M | $25.70M | $900.00K |
| Accounts Receivable | $432.20M | $378.00M | $262.20M | $242.20M | $251.50M |
| Other Current Assets | $18.70M | $14.80M | $13.40M | $11.60M | $11.30M |
| Total Current Assets | $653.80M | $604.70M | $405.90M | $376.40M | $379.30M |
| Property Plant & Equipment | $4.53B | $2.78B | $2.92B | $2.91B | $2.03B |
| Goodwill | $223.00M | $138.60M | $138.60M | $218.90M | $138.60M |
| Intangible Assets | $1.01B | $732.90M | $794.30M | $805.20M | $553.80M |
| Other Non-current Assets | $10.30M | $6.90M | $7.30M | $5.50M | $4.90M |
| Total Assets | $6.57B | $4.45B | $5.24B | $5.35B | $4.29B |
| Accounts Payable | $305.50M | $336.50M | $160.30M | $189.20M | $213.00M |
| Accrued Liabilities | $180.80M | $147.10M | $122.00M | $161.70M | $112.40M |
| Total Current Liabilities | $510.20M | $598.40M | $377.80M | $357.80M | $332.10M |
| Long-term Debt | $3.38B | $2.05B | $2.48B | $2.33B | $1.75B |
| Deferred Tax Liabilities | $3.50M | $2.30M | $2.70M | $2.60M | $2.60M |
| Other Non-current Liabilities | $333.40M | $258.70M | $253.30M | $301.60M | $173.60M |
| Total Liabilities | $4.23B | $2.91B | $3.16B | $2.99B | $2.26B |
| Total Liabilities & Equity | $6.57B | $4.45B | $5.24B | $5.35B | $4.29B |
| Breakdown | TTM (Sep 30, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|---|---|---|
| Net Income | $227.90M | $31.30M | $-78.50M | $-56.10M | $285.10M | $50.80M |
| Deferred Income Tax | - | - | $-400.00K | $100.00K | - | $-700.00K |
| Change in Receivables | - | $-149.40M | $114.30M | $27.50M | $-42.90M | $-167.80M |
| Change in Inventory | - | $-34.30M | $67.40M | $33.70M | $-10.90M | $24.10M |
| Operating Cash Flow | $1.05B | $439.20M | $426.70M | $408.10M | $420.40M | $253.60M |
| Capital Expenditure | $429.00M | $229.30M | $83.20M | $168.30M | $455.50M | $305.50M |
| Acquisitions | - | $604.30M | - | $162.30M | $462.10M | - |
| Investing Cash Flow | $136.60M | $-391.10M | $568.90M | $-273.30M | $-943.70M | $-241.20M |
| Debt Repayment | $5.92B | $3.25B | $3.29B | $975.80M | $1.73B | $2.02B |
| Stock Issued | - | - | - | - | - | - |
| Stock Repurchased | - | $123.70M | $275.60M | - | - | - |
| Financing Cash Flow | $-1.17B | $-53.90M | $-996.30M | $-146.50M | $531.80M | $3.50M |
| Net Change in Cash | $18.70M | $-5.80M | $-700.00K | $-11.70M | $8.50M | $15.90M |
SEC Filing Format - Data shown as it appears in the Q3 2023 (10-Q) filing
Period ended: Sep 30, 2023
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $1.14B | $1.57B | $3.42B | $4.60B |
| Cost of Revenue | $901.60M | $1.29B | $2.68B | $3.86B |
| Operating Expenses | $169.90M | $276.40M | $501.00M | $601.70M |
| Operating Income | $67.90M | $2.80M | $239.10M | $131.70M |
| Interest Expense | $56.90M | $47.60M | $167.90M | $123.80M |
| Other Income/Expense | $200.00K | - | $300.00K | $200.00K |
| Income Before Tax | $12.30M | $-41.60M | $206.70M | $20.30M |
| Income Tax Expense | $200.00K | $1.40M | $1.10M | $1.70M |
| Net Income | $-20.00M | $-53.30M | $153.00M | $-12.20M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2023 | Dec 31, 2022 |
|---|---|---|
| Cash & Cash Equivalents | $23.80M | $7.50M |
| Accounts Receivable | $350.10M | $432.20M |
| Other Current Assets | $8.50M | $18.70M |
| Total Current Assets | $600.30M | $653.80M |
| Property Plant & Equipment | $4.47B | $4.53B |
| Goodwill | $223.00M | $223.00M |
| Intangible Assets | $956.70M | $1.01B |
| Other Non-current Assets | $11.50M | $10.30M |
| Total Assets | $6.36B | $6.57B |
| Accounts Payable | $256.90M | $305.50M |
| Accrued Liabilities | $183.60M | $180.80M |
| Total Current Liabilities | $458.10M | $510.20M |
| Long-term Debt | $3.30B | $3.38B |
| Deferred Tax Liabilities | $3.40M | $3.50M |
| Other Non-current Liabilities | $323.40M | $333.40M |
| Total Liabilities | $4.09B | $4.23B |
| Total Liabilities & Equity | $6.36B | $6.57B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-20.00M | $-53.30M | $153.00M | $-12.20M |
| Deferred Income Tax | - | - | $-100.00K | $1.10M |
| Operating Cash Flow | - | - | $378.50M | $277.30M |
| Capital Expenditure | - | - | $164.00M | $147.30M |
| Acquisitions | - | - | - | $604.30M |
| Investing Cash Flow | - | - | $21.40M | $-517.20M |
| Debt Repayment | - | - | $2.13B | $2.39B |
| Stock Repurchased | - | - | - | $123.70M |
| Financing Cash Flow | - | - | $-383.60M | $233.00M |
| Net Change in Cash | - | - | $16.30M | $-6.90M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.