| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $267M | $268M | $262M | -0.4% | 1.7% |
| Op. Income | $181M | $126M | $177M | 43.7% | 2.6% |
| Gross Margin | 82.5% | 71.1% | 80.9% | 11.4pp | 1.6pp |
| Net Margin | 42.2% | 38.3% | 31.2% | 3.9pp | 11.0pp |
| EPS (Diluted) | $0.50 | $0.45 | $0.26 | 11.1% | 92.3% |
| Free Cash Flow | $146M | $170M | $145M | -14.0% | 0.7% |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $220M |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $14M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $181M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $51M |
| EBIT | $131M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $220M |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $14M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $181M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $51M |
| EBIT | $131M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $113M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $146M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$39M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$51.0K |
| Common Dividends Paid | -$113M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $146M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $0 |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $114M |
| PP&E (Net) | $50M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $98M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.0B |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $201M |
| Short-Term Debt | $18M |
| Deferred Revenue | $38M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $374M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$411.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $82M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $3.0B |
| Net Debt | $3.0B |
