Income Statement | | | | | | | | | | | | |
| | | | | | | | | | | | Original |
USD | Fiscal Year Ending | | Latest |
(in millions) | | | | | | | Dec-21 | Dec-22 | Dec-23 | Dec-24 | | Dec-24 |
| FY - 9 | FY - 8 | FY - 7 | FY - 6 | FY - 5 | FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM |
| | | | | | | | | | | | |
Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 295 | 467 | 556 | 661 | | 661 |
% Growth | NA | NA | NA | NA | NA | NA | NA | 58.5% | 18.9% | 18.9% | | |
| | | | | | | | | | | | |
Cost of Revenue | 0 | 0 | 0 | 0 | 0 | 0 | (207) | (309) | (360) | (428) | | (428) |
Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 | 87 | 158 | 195 | 233 | | 233 |
% Revenue | NA | NA | NA | NA | NA | NA | 29.6% | 33.8% | 35.2% | 35.2% | | 35.2% |
| | | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | (2) | (3) | (3) | (4) | | (4) |
Selling and Marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
General and Admin | 0 | 0 | 0 | 0 | 0 | 0 | (51) | (59) | (73) | (116) | | (116) |
Other Inc / (Exp) | 0 | 0 | 0 | 0 | 0 | 0 | (18) | (19) | (20) | 32 | | 32 |
Total Operating Exp | 0 | 0 | 0 | 0 | 0 | 0 | (72) | (81) | (96) | (87) | | (87) |
| | | | | | | | | | | | |
Operating Income | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 77 | 100 | 145 | | 145 |
% Revenue | NA | NA | NA | NA | NA | NA | 5.4% | 16.5% | 18.0% | 22.0% | | 22.0% |
| | | | | | | | | | | | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | (2) | (4) | (6) | (2) | | (2) |
Pre-tax Income | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 73 | 94 | 143 | | 143 |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Provision for Taxes | 0 | 0 | 0 | 0 | 0 | 0 | (4) | (10) | (20) | (2) | | (2) |
Net Income to Company | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 63 | 74 | 140 | | 140 |
% Margin | NA | NA | NA | NA | NA | NA | 3.3% | 13.5% | 13.3% | 21.2% | | 21.2% |
| | | | | | | | | | | | |
Minority Interest in Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Net Income to Stockholders | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 63 | 74 | 140 | | 140 |
| | | | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Other Adj. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
| | | | | | | | | | | | |
Net Income to Common | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 63 | 74 | 140 | | 140 |
% Margin | NA | NA | NA | NA | NA | NA | 3.3% | 13.5% | 13.3% | 21.2% | | 21.2% |
| | | | | | | | | | | | |
As Reported | | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.68 | 2.07 | 2.39 | 2.82 | | 2.82 |
Diluted EPS (Continuing Ops) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.68 | 2.01 | 2.29 | 2.77 | | 2.77 |
| | | | | | | | | | | | |
WA Basic Shares Out. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.59 | 30.54 | 30.93 | 49.73 | | 49.73 |
WA Diluted Shares Out. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.59 | 31.44 | 32.34 | 50.63 | | 50.63 |
| | | | | | | | | | | | |
EBITDA, EBIT Reconciliation | | | | | | | | | | | | |
EBT, Incl. Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 73 | 94 | 143 | | 143 |
Addback: Net Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 4 | 6 | 2 | | 2 |
Addback: Other Non Operating Expenses, Total | 0 | 0 | 0 | 0 | 0 | 0 | (4) | (1) | (3) | (2) | | (2) |
Addback: Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 18 | 18 | 23 | 31 | | 31 |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 3 | 2 | 33 | | 33 |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (8) | | (8) |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 0 | (1) | | (1) |
Addback: Asset Writedown | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 4 | | 4 |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Other Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (86) | | (86) |
Adjusted EBITDA | 0 | 0 | 0 | 0 | 0 | 0 | 37 | 99 | 123 | 116 | | 116 |
% Margin | NA | NA | NA | NA | NA | NA | 12.4% | 21.2% | 22.1% | 17.6% | | 17.6% |
| | | | | | | | | | | | |
Adjusted EBIT | 0 | 0 | 0 | 0 | 0 | 0 | 19 | 80 | 100 | 85 | | 85 |
% Margin | NA | NA | NA | NA | NA | NA | 6.4% | 17.2% | 18.0% | 12.9% | | 12.9% |
| | | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | | |
Net Income to Company | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 63 | 74 | 140 | | 140 |
Addback: Unusual Items | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 5 | 3 | (58) | | (58) |
Less: Tax Benefit of Unusual Items (26%) | 0 | 0 | 0 | 0 | 0 | 0 | (2) | (1) | (1) | 15 | | 15 |
Adjusted Net Income | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 67 | 76 | 98 | | 98 |
% Margin | NA | NA | NA | NA | NA | NA | 5.0% | 14.3% | 13.7% | 14.8% | | 14.8% |