Financhill
Sell
40

MSDL Quote, Financials, Valuation and Earnings

Last price:
$16.47
Seasonality move :
-4.1%
Day range:
$16.37 - $16.60
52-week range:
$15.70 - $21.75
Dividend yield:
12.15%
P/E ratio:
9.97x
P/S ratio:
3.59x
P/B ratio:
0.81x
Volume:
976.6K
Avg. volume:
847.1K
1-year change:
-20.23%
Market cap:
$1.4B
Revenue:
$397.2M
EPS (TTM):
$1.65
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $24.1M $121.6M $230.8M $366.3M $397.2M
Revenue Growth (YoY) -- 405.6% 89.75% 58.73% 8.41%
 
Cost of Revenues $4.4M $21.1M $30.9M $49.8M $63.1M
Gross Profit $19.6M $100.5M $199.9M $316.5M $334M
Gross Profit Margin 81.64% 82.63% 86.62% 86.4% 84.11%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $2.2M $1.9M $537K $118K -$16.5M
Operating Expenses -$2.4M -$3.8M $84.2M -$27.4M -$4.6M
Operating Income $22M $104.3M $115.7M $343.9M $338.6M
 
Net Interest Expenses $3.7M $21M $67.2M $112.9M $122.9M
EBT. Incl. Unusual Items $18.3M $83.3M $48.5M $231M $215.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company $18.3M $83.3M $48.5M $231M $215.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $18.3M $83.3M $48.5M $231M $215.6M
 
Basic EPS (Cont. Ops) $2.42 $2.67 $0.79 $3.11 $2.43
Diluted EPS (Cont. Ops) $2.42 $2.67 $0.79 $3.11 $2.43
Weighted Average Basic Share $7.6M $31.2M $61.7M $74.2M $88.6M
Weighted Average Diluted Share $7.6M $31.2M $61.7M $74.2M $88.6M
 
EBITDA $22M $104.3M $115.7M $343.9M $338.6M
EBIT $22M $104.3M $115.7M $343.9M $338.6M
 
Revenue (Reported) $24.1M $121.6M $230.8M $366.3M $397.2M
Operating Income (Reported) $22M $104.3M $115.7M $343.9M $338.6M
Operating Income (Adjusted) $22M $104.3M $115.7M $343.9M $338.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $31.9M $62.7M $94.5M $98.3M $99.3M
Revenue Growth (YoY) 394.03% 96.95% 50.56% 4.06% 1.07%
 
Cost of Revenues $5.7M $8.9M $12.7M $15.4M $19M
Gross Profit $26.2M $53.8M $81.8M $82.9M $80.4M
Gross Profit Margin 82.16% 85.83% 86.56% 84.32% 80.88%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $126K $18K $5K -$11M --
Operating Expenses -$2.3M $25.8M -$21.3M -$3.5M $18.8M
Operating Income $28.5M $28M $103.1M $86.4M $61.5M
 
Net Interest Expenses $6.3M $18.6M $29.7M $33.2M $33.9M
EBT. Incl. Unusual Items $22.2M $9.4M $73.4M $53.2M $27.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company $22.2M $9.4M $73.4M $53.2M $27.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $22.2M $9.4M $73.4M $53.2M $27.6M
 
Basic EPS (Cont. Ops) $0.64 $0.15 $1.02 $0.60 $0.32
Diluted EPS (Cont. Ops) $0.64 $0.15 $1.02 $0.60 $0.32
Weighted Average Basic Share $34.6M $64.1M $71.9M $89.3M $86.8M
Weighted Average Diluted Share $34.6M $64.1M $71.9M $89.3M $86.8M
 
EBITDA $28.5M $28M $103.1M $86.4M $61.5M
EBIT $28.5M $28M $103.1M $86.4M $61.5M
 
Revenue (Reported) $31.9M $62.7M $94.5M $98.3M $99.3M
Operating Income (Reported) $28.5M $28M $103.1M $86.4M $61.5M
Operating Income (Adjusted) $28.5M $28M $103.1M $86.4M $61.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $87M $203.6M $340.3M $394.3M $402.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $16.6M $27.9M $45.9M $60.9M $72.5M
Gross Profit $70.4M $175.7M $294.5M $333.4M $329.6M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $120K $2.3M $108K -$16.5M --
Operating Expenses -$11.5M $70.4M -$8M -$6.2M $48.6M
Operating Income $81.8M $105.3M $302.5M $339.7M $281M
 
Net Interest Expenses $14.9M $50.5M $108.7M $118.3M $136M
EBT. Incl. Unusual Items $66.9M $54.8M $193.7M $221.3M $145M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company $66.9M $54.8M $193.7M $221.3M $145M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $66.9M $54.8M $193.7M $221.3M $145M
 
Basic EPS (Cont. Ops) $3.23 $0.94 $2.75 $2.55 $1.65
Diluted EPS (Cont. Ops) $3.23 $0.94 $2.75 $2.55 $1.65
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $81.8M $105.3M $302.5M $339.7M $281M
EBIT $81.8M $105.3M $302.5M $339.7M $281M
 
Revenue (Reported) $87M $203.6M $340.3M $394.3M $402.1M
Operating Income (Reported) $81.8M $105.3M $302.5M $339.7M $281M
Operating Income (Adjusted) $81.8M $105.3M $302.5M $339.7M $281M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $75.6M $157.6M $267.1M $295.1M $300.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $14.2M $21M $36M $47.1M $56.5M
Gross Profit $61.4M $136.6M $231.2M $248M $243.6M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $120K $557K $127K -$16.5M $587K
Operating Expenses -$8.7M $65.4M -$26.7M -$5.6M $47.6M
Operating Income $70.1M $71.2M $257.9M $253.7M $196M
 
Net Interest Expenses $13.2M $42.7M $84.3M $89.7M $102.8M
EBT. Incl. Unusual Items $56.8M $28.4M $173.6M $163.9M $93.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company $56.8M $28.4M $173.6M $163.9M $93.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $56.8M $28.4M $173.6M $163.9M $93.4M
 
Basic EPS (Cont. Ops) $2.29 $0.48 $2.43 $1.85 $1.07
Diluted EPS (Cont. Ops) $2.29 $0.48 $2.43 $1.85 $1.07
Weighted Average Basic Share $77M $180.4M $214.1M $265.9M $262.4M
Weighted Average Diluted Share $77M $180.4M $214.1M $265.9M $262.4M
 
EBITDA $70.1M $71.2M $257.9M $253.7M $196M
EBIT $70.1M $71.2M $257.9M $253.7M $196M
 
Revenue (Reported) $75.6M $157.6M $267.1M $295.1M $300.1M
Operating Income (Reported) $70.1M $71.2M $257.9M $253.7M $196M
Operating Income (Adjusted) $70.1M $71.2M $257.9M $253.7M $196M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $11.3M $74.2M $81.2M $69.7M $72.4M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $13.6M $94M $104.9M $98.8M $103.4M
 
Property Plant And Equipment -- -- -- -- --
Long-Term Investments $637M $2.4B $2.9B $3.2B $3.8B
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $656.8M $2.5B $3B $3.3B $3.9B
 
Accounts Payable $10.3M $33M $50.1M $68.8M $74.6M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $21.3M $54.8M $65.3M $89.6M $96.4M
 
Long-Term Debt $333.9M $1.2B $1.5B $1.5B $2B
Capital Leases -- -- -- -- --
Total Liabilities $355.2M $1.3B $1.6B $1.6B $2.1B
 
Common Stock $15K $57K $71K $83K $89K
Other Common Equity Adj -- -- -- -- --
Common Equity $301.6M $1.2B $1.4B $1.7B $1.8B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $301.6M $1.2B $1.4B $1.7B $1.8B
 
Total Liabilities and Equity $656.8M $2.5B $3B $3.3B $3.9B
Cash and Short Terms $11.3M $74.2M $81.2M $69.7M $72.4M
Total Debt $333.9M $1.2B $1.5B $1.5B $2B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $44.7M $59.9M $88.1M $90.4M $75.5M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $56.5M $123.2M $114.3M $124.1M $120.3M
 
Property Plant And Equipment -- -- -- -- --
Long-Term Investments $1.8B $2.7B $3.1B $3.6B $3.8B
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $1.8B $2.9B $3.3B $3.8B $3.9B
 
Accounts Payable -- $39.2M $52.1M $76.9M --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $40.8M $56.3M $77M $98.1M $88.3M
 
Long-Term Debt $1B $1.5B $1.7B $1.8B $2.1B
Capital Leases -- -- -- -- --
Total Liabilities $1.1B $1.6B $1.8B $1.9B $2.2B
 
Common Stock $36K $65K $72K $89K $87K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $749.2M $1.3B $1.5B $1.9B $1.8B
 
Total Liabilities and Equity $1.8B $2.9B $3.3B $3.8B $3.9B
Cash and Short Terms $44.7M $59.9M $88.1M $90.4M $75.5M
Total Debt $1B $1.5B $1.7B $1.8B $2.1B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $18.3M $83.3M $48.5M $231M $215.6M
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$2.3M -$9.5M -$9.2M -$8M -$1.7M
Change in Inventories -- -- -- -- --
Cash From Operations $12.4M $67.7M $121.6M $185.8M $201.5M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$625.8M -$1.7B -$551.4M -$269.6M -$575M
 
Dividends Paid (Ex Special Dividend) $3.7M $38.2M $85.7M $110.5M $169.1M
Special Dividend Paid
Long-Term Debt Issued $612.4M $1.5B $1.6B $408M $1.2B
Long-Term Debt Repaid -$278.5M -$598M -$1.3B -$438M -$712M
Repurchase of Common Stock -- -- -- -- $18.1M
Other Financing Activities -- -- -- -- --
Cash From Financing $624.6M $1.7B $436.9M $72.3M $376.2M
 
Beginning Cash (CF) $11.3M $74.2M $81.2M $69.7M $72.4M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $11.2M $62.9M $7.1M -$11.5M $2.7M
Ending Cash (CF) $22.5M $137M $88.3M $58.2M $75.1M
 
Levered Free Cash Flow $12.4M $67.7M $121.6M $185.8M $201.5M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Net Income to Stockholders $26.4M $20.1M $57.4M $51.6M --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$380K -$2.1M -$2.7M $1.2M --
Change in Inventories -- -- -- -- --
Cash From Operations $28.3M $42.2M $84.7M $53M --
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$615.3M -$96.6M -$61.8M -$149.2M --
 
Dividends Paid (Ex Special Dividend) $15M $22.2M $31.2M $53.4M --
Special Dividend Paid -- -- -- $100K --
Long-Term Debt Issued $446M $275M $70M $220.6M --
Long-Term Debt Repaid -$243M -$267.4M -$293M -$79M --
Repurchase of Common Stock -- -- -- $10.1M --
Other Financing Activities -- -- -- -- --
Cash From Financing $616.5M $75.7M -$41.3M $78.1M --
 
Beginning Cash (CF) $74.2M $81.2M $69.7M $72.4M --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $29.4M $21.3M -$18.4M -$18.1M --
Ending Cash (CF) $103.6M $102.5M $51.3M $54.3M --
 
Levered Free Cash Flow $28.3M $42.2M $84.7M $53M --
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $66.9M $54.8M $193.7M $221.3M $145M
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$10M -$7.4M -$7.4M -$5.6M $1.9M
Change in Inventories -- -- -- -- --
Cash From Operations $46M $107.7M $143.3M $233.2M $164.1M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$1.4B -$1.1B -$304.4M -$487.6M -$162.1M
 
Dividends Paid (Ex Special Dividend) $25.7M $78.5M $101.5M $146.8M $194.1M
Special Dividend Paid
Long-Term Debt Issued -- $1.7B $613M $1B --
Long-Term Debt Repaid -- -$1.3B -$412.4M -$926M --
Repurchase of Common Stock -- -- -- $8M $43.1M
Other Financing Activities -- -- -- -- --
Cash From Financing $1.3B $977.7M $189.3M $256.8M -$17.1M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$68.2M $15.2M $28.2M $2.3M -$14.9M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $46M $107.7M $143.3M $233.2M $164.1M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Net Income to Stockholders $83.3M $48.5M $231M $215.6M $93.4M
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -$9.5M -$9.2M -$8M -$1.7M $706K
Change in Inventories -- -- -- -- --
Cash From Operations $67.7M $121.6M $185.8M $201.5M $111.1M
 
Capital Expenditures -- -- -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$1.7B -$551.4M -$269.6M -$575M -$12.9M
 
Dividends Paid (Ex Special Dividend) $38.2M $85.7M $110.5M $169.1M $140.6M
Special Dividend Paid -- -- -- $200K --
Long-Term Debt Issued $1.5B $1.6B $408M $1.2B $940.3M
Long-Term Debt Repaid -$598M -$1.3B -$438M -$712M -$874M
Repurchase of Common Stock -- -- -- $18.1M $33M
Other Financing Activities -- -- -- -- --
Cash From Financing $1.7B $436.9M $72.3M $376.2M -$95.2M
 
Beginning Cash (CF) $211.2M $260.8M $310.2M $322.5M $187.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $62.9M $7.1M -$11.5M $2.7M $3.2M
Ending Cash (CF) $274.1M $267.9M $298.7M $325.2M $190.2M
 
Levered Free Cash Flow $67.7M $121.6M $185.8M $201.5M $111.1M

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