| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $212M | $207M | $190M | 2.2% | 11.3% |
| Op. Income | $28M | $23M | $25M | 24.1% | 10.3% |
| Gross Margin | 22.7% | 20.9% | 22.0% | 1.8pp | 0.7pp |
| Net Margin | 10.2% | 9.4% | 10.4% | 0.8pp | -0.2pp |
| EPS (Diluted) | $0.42 | $0.37 | $0.38 | 13.5% | 10.5% |
| Free Cash Flow | $33M | $5M | $32M | 530.4% | 3.8% |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $7M |
| EBIT | $28M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $184M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $7M |
| EBIT | $28M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$268.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $0 |
| Net Receivables | $98M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $333M |
| PP&E (Net) | $110M |
| Goodwill | $37M |
| Intangible Assets | $716.0K |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $153M |
| TOTAL ASSETS | $486M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $124M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $222M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $238M |
| Retained Earnings | $829M |
| Treasury Stock | -$803M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $264M |
| Minority Interest | $0 |
| TOTAL EQUITY | $264M |
| TOTAL LIABILITIES & EQUITY | $486M |
| Total Debt | $30M |
| Net Debt | -$101M |
