| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | — | $4.2B | — | 0.2% |
| Op. Income | $8M | — | $267M | — | -97.0% |
| Gross Margin | 5.5% | — | 10.8% | — | -5.3pp |
| Net Margin | -5.3% | — | 1.2% | — | -6.4pp |
| EPS (Diluted) | $-2.67 | — | $0.59 | — | -552.5% |
| Free Cash Flow | -$123M | — | -$287M | — | 57.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $231M |
| R&D Expenses | $0 |
| Selling & Marketing | $56M |
| General & Administrative | $146M |
| SG&A Expenses | $201M |
| Other Expenses | $22M |
| Operating Expenses | $223M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $237M |
| Other Income/Expenses | -$229M |
| INCOME BEFORE TAX | -$221M |
| Income Tax Expense | $800.0K |
| Net Income from Continuing Ops | -$222M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$222M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$222M |
| D&A | $149M |
| EBIT | $16M |
| EBITDA | $165M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$222M |
| Depreciation & Amortization | $149M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$46M |
| Capital Expenditure | -$77M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | $98M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | $154M |
| FREE CASH FLOW | -$123M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $278M |
| Inventory | $416M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $766M |
| PP&E (Net) | $1.7B |
| Goodwill | $173M |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $118M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $321M |
| Short-Term Debt | $67M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $276M |
| TOTAL CURRENT LIABILITIES | $864M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $825M |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $800.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$713M |
| Minority Interest | $247M |
| TOTAL EQUITY | -$466M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $2.4B |
| Net Debt | $2.3B |
