| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $950M | $882M | $791M | 7.8% | 20.1% |
| Op. Income | $39M | $26M | $30M | 50.8% | 29.4% |
| Gross Margin | 24.1% | 23.6% | 23.7% | 0.5pp | 0.4pp |
| Net Margin | 1.7% | 0.8% | 0.1% | 0.9pp | 1.5pp |
| EPS (Diluted) | $0.38 | $0.16 | $-0.01 | 137.5% | 4971.8% |
| Free Cash Flow | $19M | -$3M | -$23M | 811.3% | 184.7% |
| Item | Amount |
|---|---|
| REVENUE | $950M |
| Cost of Revenue | $722M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $190M |
| Other Expenses | -$130.0K |
| Operating Expenses | $190M |
| Cost & Expenses | $912M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $15M |
| EBIT | $38M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $950M |
| Cost of Revenue | $722M |
| GROSS PROFIT | $229M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $190M |
| Other Expenses | -$130.0K |
| Operating Expenses | $190M |
| Cost & Expenses | $912M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $15M |
| EBIT | $38M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$713.0K |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $334M |
| Inventory | $285M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $731M |
| PP&E (Net) | $427M |
| Goodwill | $356M |
| Intangible Assets | $185M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $974M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $201M |
| Short-Term Debt | $48M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $386M |
| Long-Term Debt | $648M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $865M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $396.0K |
| Additional Paid-In Capital | $356M |
| Retained Earnings | $100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $455M |
| Minority Interest | $0 |
| TOTAL EQUITY | $455M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $926M |
| Net Debt | $876M |
