| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $298M | $259M | $221M | 15.0% | 34.6% |
| Op. Income | $12M | $8M | -$200.0K | 53.8% | 6250.0% |
| Gross Margin | 10.4% | 11.1% | 8.2% | -0.7pp | 2.2pp |
| Net Margin | 2.4% | 0.8% | -2.1% | 1.6pp | 4.5pp |
| EPS (Diluted) | $0.10 | $0.03 | $-0.07 | 249.1% | 248.8% |
| Free Cash Flow | -$4M | -$400.0K | -$42M | -1000.0% | 89.5% |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $267M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $800.0K |
| Operating Expenses | $19M |
| Cost & Expenses | $285M |
| OPERATING INCOME | $12M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $6M |
| EBIT | $14M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $267M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $800.0K |
| Operating Expenses | $19M |
| Cost & Expenses | $285M |
| OPERATING INCOME | $12M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $6M |
| EBIT | $14M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$200.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$600.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $126M |
| Inventory | $95M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $276M |
| PP&E (Net) | $593M |
| Goodwill | $39M |
| Intangible Assets | $0 |
| Long-Term Investments | $30M |
| Tax Assets | $9M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $691M |
| TOTAL ASSETS | $967M |
| Account Payables | $26M |
| Short-Term Debt | $4M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $169M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $305M |
| TOTAL LIABILITIES | $427M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $236M |
| Retained Earnings | $278M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$400.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $513M |
| Minority Interest | $27M |
| TOTAL EQUITY | $540M |
| TOTAL LIABILITIES & EQUITY | $967M |
| Total Debt | $270M |
| Net Debt | $224M |
