| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | $154M | $138M | 2.0% | 14.2% |
| Op. Income | $109M | $104M | $96M | 4.0% | 13.7% |
| Gross Margin | 72.1% | 72.1% | 72.6% | 0.0pp | -0.5pp |
| Net Margin | 35.1% | 38.0% | 31.5% | -2.9pp | 3.6pp |
| EPS (Diluted) | $1.14 | $1.22 | $0.97 | -6.6% | 17.5% |
| Free Cash Flow | $103M | $102M | $72M | 0.7% | 42.1% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $220.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $109M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $39M |
| EBIT | $63M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $220.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $109M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $39M |
| EBIT | $63M |
| EBITDA | $102M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$118M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$148M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$61M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $87M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $142M |
| PP&E (Net) | $3M |
| Goodwill | $990.0K |
| Intangible Assets | $23M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $14M |
| Short-Term Debt | -$4M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $203M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$376M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $257.0K |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.7B |
| Net Debt | $1.7B |
