| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $329M | $398M | $382M | -17.4% | -13.9% |
| Op. Income | -$10M | $33M | -$6M | -131.6% | -66.0% |
| Gross Margin | 3.4% | 14.4% | 4.9% | -11.0pp | -1.4pp |
| Net Margin | 0.1% | 5.6% | -1.3% | -5.5pp | 1.4pp |
| EPS (Diluted) | $0.01 | $0.82 | $-0.19 | -98.4% | 106.8% |
| Free Cash Flow | $30M | $27M | $22M | 11.4% | 36.7% |
| Item | Amount |
|---|---|
| REVENUE | $329M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $339M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $352.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $352.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $352.0K |
| D&A | $19M |
| EBIT | -$11M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $352.0K |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $512.0K |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $146M |
| Inventory | $212M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $387M |
| PP&E (Net) | $1.1B |
| Goodwill | $56M |
| Intangible Assets | $43M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $229M |
| Short-Term Debt | $0 |
| Deferred Revenue | $38M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $357M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $145M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $463M |
| TOTAL LIABILITIES | $820M |
| Common Stock | $330.0K |
| Additional Paid-In Capital | $137M |
| Retained Earnings | $632M |
| Treasury Stock | -$63.0K |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $775M |
| Minority Interest | $0 |
| TOTAL EQUITY | $775M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $349M |
| Net Debt | $329M |
