| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $460M | $439M | $328M | 4.9% | 40.5% |
| Op. Income | -$107M | $50M | -$27M | -314.7% | -299.0% |
| Gross Margin | -13.4% | 16.6% | -4.1% | -30.1pp | -9.4pp |
| Net Margin | -19.7% | 8.0% | -3.9% | -27.7pp | -15.8pp |
| EPS (Diluted) | $-1.81 | $0.70 | $-0.26 | -358.6% | -596.2% |
| Free Cash Flow | $52M | $41M | $92M | 27.3% | -43.3% |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | $522M |
| GROSS PROFIT | -$62M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $45M |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $567M |
| OPERATING INCOME | -$107M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$125M |
| Income Tax Expense | -$35M |
| Net Income from Continuing Ops | -$91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$91M |
| D&A | $19M |
| EBIT | -$106M |
| EBITDA | -$87M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$91M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $132M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$1.1B |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | -$15M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$64.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $37M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $539M |
| Inventory | $0 |
| Other Current Assets | $283M |
| TOTAL CURRENT ASSETS | $836M |
| PP&E (Net) | $482M |
| Goodwill | $2.3B |
| Intangible Assets | $614M |
| Long-Term Investments | $3M |
| Tax Assets | $3M |
| Other Non-Current Assets | $386M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $91M |
| Short-Term Debt | $66M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $316M |
| TOTAL CURRENT LIABILITIES | $706M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $268M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $896M |
| Treasury Stock | -$911M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.8B |
| Net Debt | $1.8B |
