| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $520M | $509M | $479M | 2.1% | 8.6% |
| Op. Income | $46M | $34M | $29M | 34.5% | 56.3% |
| Gross Margin | 33.0% | 31.4% | 31.0% | 1.7pp | 2.0pp |
| Net Margin | 5.6% | -8.4% | -5.4% | 14.0pp | 11.0pp |
| EPS (Diluted) | $0.14 | $-0.22 | $-0.13 | 163.6% | 207.7% |
| Free Cash Flow | $12M | $27M | -$5M | -56.3% | 359.7% |
| Item | Amount |
|---|---|
| REVENUE | $520M |
| Cost of Revenue | $348M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $6M |
| Operating Expenses | $126M |
| Cost & Expenses | $474M |
| OPERATING INCOME | $46M |
| Interest Income | $201.0K |
| Interest Expense | $38M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $7M |
| EBIT | $63M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $520M |
| Cost of Revenue | $348M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $6M |
| Operating Expenses | $126M |
| Cost & Expenses | $474M |
| OPERATING INCOME | $46M |
| Interest Income | $201.0K |
| Interest Expense | $38M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $7M |
| EBIT | $63M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $508.0K |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $0 |
| Net Receivables | $278M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $393M |
| PP&E (Net) | $59M |
| Goodwill | $1.1B |
| Intangible Assets | $90M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $36M |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $210M |
| TOTAL CURRENT LIABILITIES | $402M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | -$122M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$122M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
