| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.4B | — | 6.0% |
| Op. Income | $230M | — | $199M | — | 15.4% |
| Gross Margin | 17.1% | — | 16.0% | — | 1.2pp |
| Net Margin | -24.8% | — | -20.8% | — | -3.9pp |
| EPS (Diluted) | $-1.55 | — | $-1.23 | — | -26.0% |
| Free Cash Flow | $112M | — | $10M | — | 970.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $256M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $230M |
| Interest Income | $9M |
| Interest Expense | $235M |
| Other Income/Expenses | -$600M |
| INCOME BEFORE TAX | -$370M |
| Income Tax Expense | $467.0K |
| Net Income from Continuing Ops | -$370M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$370M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$370M |
| D&A | $285M |
| EBIT | -$55M |
| EBITDA | $230M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$370M |
| Depreciation & Amortization | $285M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $191M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$166M |
| NET CASH FROM INVESTING | -$187M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$904.0K |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | -$97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $145M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $282M |
| TOTAL CURRENT ASSETS | $430M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $26M |
| Long-Term Investments | $151M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $229M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | -$2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $2.9B |
| Net Debt | $2.8B |
