| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $338M | $297M | $281M | 13.7% | 20.3% |
| Op. Income | $31M | $27M | $24M | 13.4% | 29.1% |
| Gross Margin | 31.9% | 34.2% | 31.4% | -2.3pp | 0.5pp |
| Net Margin | 6.3% | 6.6% | 5.6% | -0.3pp | 0.6pp |
| EPS (Diluted) | $1.16 | $1.07 | $0.97 | 8.4% | 19.6% |
| Free Cash Flow | $17M | $9M | $37M | 95.7% | -54.3% |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $4M |
| Operating Expenses | $77M |
| Cost & Expenses | $307M |
| OPERATING INCOME | $31M |
| Interest Income | $502.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $4M |
| EBIT | $31M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $4M |
| Operating Expenses | $77M |
| Cost & Expenses | $307M |
| OPERATING INCOME | $31M |
| Interest Income | $502.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $4M |
| EBIT | $31M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $166.0K |
| Other Non-Cash Items | $669.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $498.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $7.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $0 |
| Net Receivables | $142M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $258M |
| PP&E (Net) | $70M |
| Goodwill | $972M |
| Intangible Assets | $108M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $148M |
| Long-Term Debt | $199M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $125.0K |
| TOTAL NON-CURRENT LIABILITIES | $264M |
| TOTAL LIABILITIES | $412M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $598M |
| Retained Earnings | $398M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $995M |
| Minority Interest | $0 |
| TOTAL EQUITY | $995M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $251M |
| Net Debt | $154M |
