(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Current assets | ||||
Cash | $325 | $320 | $344 | $337 |
Short term investments | ||||
Net receivables | $6 | $7 | $6 | $6 |
Inventory | ||||
Total current assets | $363 | $429 | $391 | $381 |
Long term investments | ||||
Property, plant & equipment | $63 | $72 | $75 | $76 |
Goodwill & intangible assets | $646 | $647 | $648 | $649 |
Total noncurrent assets | $726 | $739 | $745 | $747 |
Total investments | ||||
Total assets | $1089 | $1168 | $1136 | $1128 |
Current liabilities | ||||
Accounts payable | $76 | $87 | $78 | $82 |
Deferred revenue | $102 | $98 | $107 | $167 |
Short long term debt | $17 | $17 | $17 | $17 |
Total current liabilities | $331 | $364 | $365 | $396 |
Long term debt | $593 | $596 | $600 | $605 |
Total noncurrent liabilities | $622 | $633 | $640 | $649 |
Total debt | $610 | $613 | $617 | $622 |
Total liabilities | $953 | $997 | $1005 | $1045 |
Shareholders' equity | ||||
Retained earnings | $296 | $287 | $216 | $146 |
Other shareholder equity | $6 | $10 | $9 | $6 |
Total shareholder equity | $136 | $171 | $131 | $83 |
(in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Current assets | ||||
Cash | $325 | $292 | $262 | $597 |
Short term investments | ||||
Net receivables | $6 | $5 | $7 | $5 |
Inventory | ||||
Total current assets | $363 | $330 | $295 | $626 |
Long term investments | ||||
Property, plant & equipment | $63 | $77 | $83 | $75 |
Goodwill & intangible assets | $646 | $651 | $671 | $682 |
Total noncurrent assets | $726 | $752 | $774 | $779 |
Total investments | ||||
Total assets | $1089 | $1082 | $1069 | $1405 |
Current liabilities | ||||
Accounts payable | $76 | $80 | $66 | $55 |
Deferred revenue | $102 | $121 | $155 | $187 |
Short long term debt | $17 | $17 | $17 | $7 |
Total current liabilities | $331 | $364 | $378 | $403 |
Long term debt | $593 | $592 | $627 | $986 |
Total noncurrent liabilities | $622 | $657 | $689 | $1063 |
Total debt | $610 | $627 | $644 | $993 |
Total liabilities | $953 | $1021 | $1067 | $1466 |
Shareholders' equity | ||||
Retained earnings | $296 | $124 | $53 | -$75 |
Other shareholder equity | $6 | $8 | -$18 | -$33 |
Total shareholder equity | $136 | $61 | $2 | -$61 |
(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $366 | $524 | $523 | $367 |
Cost of revenue | $189 | $256 | $253 | $197 |
Gross Profit | $177 | $268 | $270 | $170 |
Operating activities | ||||
Research & development | ||||
Selling, general & administrative | $142 | $152 | $162 | $125 |
Total operating expenses | $161 | $166 | $171 | $135 |
Operating income | $16 | $102 | $99 | $35 |
Income from continuing operations | ||||
EBIT | $21 | $105 | $103 | $39 |
Income tax expense | $3 | $24 | $23 | $7 |
Interest expense | $10 | $10 | $10 | $10 |
Net income | ||||
Net income | $8 | $71 | $70 | $22 |
Income (for common shares) | $8 | $71 | $70 | $22 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Revenue | ||||
Total revenue | $1780 | $1662 | $1602 | $1474 |
Cost of revenue | $895 | $952 | $818 | $758 |
Gross Profit | $885 | $710 | $784 | $716 |
Operating activities | ||||
Research & development | ||||
Selling, general & administrative | $581 | $521 | $511 | $467 |
Total operating expenses | $634 | $589 | $549 | $509 |
Operating income | $251 | $121 | $235 | $207 |
Income from continuing operations | ||||
EBIT | $268 | $124 | $206 | $206 |
Income tax expense | $57 | $22 | $39 | $37 |
Interest expense | $40 | $31 | $39 | $57 |
Net income | ||||
Net income | $171 | $71 | $128 | $112 |
Income (for common shares) | $171 | $71 | $128 | $112 |
(in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
---|---|---|---|---|
Net income | $8 | $71 | $70 | $22 |
Operating activities | ||||
Depreciation | $9 | $10 | $9 | $9 |
Business acquisitions & disposals | ||||
Stock-based compensation | $5 | $8 | $8 | $5 |
Total cash flows from operations | $63 | $27 | $52 | $60 |
Investing activities | ||||
Capital expenditures | -$9 | -$8 | -$7 | -$8 |
Investments | ||||
Total cash flows from investing | -$9 | -$8 | -$7 | -$8 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | -$45 | -$42 | -$34 | |
Net borrowings | -$4 | -$5 | -$4 | -$4 |
Total cash flows from financing | -$49 | -$44 | -$37 | -$7 |
Effect of exchange rate | ||||
Change in cash and equivalents | $6 | -$24 | $7 | $45 |
(in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
---|---|---|---|---|
Net income | $171 | $71 | $128 | $112 |
Operating activities | ||||
Depreciation | $37 | $34 | $35 | $34 |
Business acquisitions & disposals | -$5 | |||
Stock-based compensation | $26 | $22 | $25 | $17 |
Total cash flows from operations | $202 | $142 | $185 | $207 |
Investing activities | ||||
Capital expenditures | -$32 | -$40 | -$31 | -$32 |
Investments | $7 | |||
Total cash flows from investing | -$32 | -$35 | -$31 | -$31 |
Financing activities | ||||
Dividends paid | ||||
Sale and purchase of stock | -$121 | -$59 | -$103 | |
Net borrowings | -$17 | -$17 | -$377 | -$7 |
Total cash flows from financing | -$137 | -$77 | -$489 | -$7 |
Effect of exchange rate | ||||
Change in cash and equivalents | $34 | $29 | -$335 | $170 |
Market cap | $2.72B |
---|---|
Enterprise value | $3.00B |
Shares outstanding | 78.38M |
Revenue | $1.78B |
---|---|
EBITDA | $305.00M |
EBIT | $268.00M |
Net Income | $171.00M |
Revenue Q/Q | 7.65% |
Revenue Y/Y | 7.10% |
P/E ratio | 15.88 |
---|---|
EV/Sales | 1.69 |
EV/EBITDA | 9.84 |
EV/EBIT | 11.20 |
P/S ratio | 1.53 |
P/B ratio | 20.89 |
Book/Share | 1.66 |
Cash/Share | 4.15 |
EPS | $2.18 |
---|---|
ROA | 15.13% |
ROE | 131.29% |
Debt/Equity | 7.01 |
---|---|
Net debt/EBITDA | 2.06 |
Current ratio | 1.10 |
Quick ratio | 1.10 |