The Great American Growth Story
3Q21 Revenue of $234M, up +49% year-over-year, +5% sequentially;
Adjusted Operating EBITDA 35%, Positive Net Income, EPS $0.08
Summary Income Statement
(USD $000s)
Revenue
3 Months Ended September 30
2021
Quarterly Net Revenue ($M) vs.
Adjusted Operating EBITDA Margin (%)
2020
$250
40%
$233,677
$157,104
$225
35%
Gross Profit
$200
129,518
86,957
30%
$175
Adjusted Operating EBITDA¹
81,181
53,182
Net Income
20,209
9,644
Net Income Per Share
0.08
0.04
Diluted
Revenue ($M)
25%
$150
$125
20%
$100
15%
$75
10%
Summary Balance Sheet
(USD $000s)
$50
As of
September 30, 2021
5%
$25
$0
0%
Cash
$285,792
3Q20 4Q20 1Q21 2Q21 3Q21
Debt²
206,538
Revenue
Adj. Op. EBITDA %
Adjusted Operating EBITDA Margin
(1) Adjusted Operating EBITDA defined as earnings before interest, taxes, depreciation, and amortization, adjusted for other income, non-cash share-based
compensation, one-time transaction related expenses, or other non-operating costs. (2) Debt is $206,538 thousand, which includes $777 thousand of short-term debt
due within one year; amount carried on the balance sheet is recorded net of debt discounts of $21,736 thousand as of September 30, 2021.
24View entire presentation