| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $1.2B | — | -7.2% |
| Op. Income | -$117M | — | $77M | — | -250.9% |
| Gross Margin | 17.5% | — | 19.3% | — | -1.8pp |
| Net Margin | -18.4% | — | 0.9% | — | -19.3pp |
| EPS (Diluted) | $-4.99 | — | $0.37 | — | -1448.6% |
| Free Cash Flow | -$100M | — | -$48M | — | -106.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $922M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | $174M |
| Operating Expenses | $312M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$117M |
| Interest Income | $1M |
| Interest Expense | $70M |
| Other Income/Expenses | -$71M |
| INCOME BEFORE TAX | -$188M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | -$206M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$206M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$206M |
| D&A | $105M |
| EBIT | -$119M |
| EBITDA | -$14M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$206M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $177M |
| Change in Working Capital | -$67M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$114M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$116M |
| Net Debt Issuance | $112M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | $83M |
| FREE CASH FLOW | -$100M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $126M |
| Inventory | $414M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $587M |
| PP&E (Net) | $807M |
| Goodwill | $6M |
| Intangible Assets | $82M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $158M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $82M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $217M |
| Long-Term Debt | $910M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $421M |
| Retained Earnings | $2M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $317M |
| Minority Interest | $0 |
| TOTAL EQUITY | $317M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $934M |
| Net Debt | $914M |
