| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $730M | $690M | $584M | 5.7% | 25.0% |
| Op. Income | $155M | $154M | $98M | 1.0% | 59.1% |
| Gross Margin | 46.1% | 46.9% | 45.9% | -0.8pp | 0.2pp |
| Net Margin | 8.7% | 6.3% | 6.0% | 2.4pp | 2.8pp |
| EPS (Diluted) | $2.30 | $1.57 | $1.13 | 46.5% | 103.5% |
| Free Cash Flow | $420M | $388M | $302M | 8.4% | 39.0% |
| Item | Amount |
|---|---|
| REVENUE | $730M |
| Cost of Revenue | $394M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $151M |
| General & Administrative | $38M |
| SG&A Expenses | $189M |
| Other Expenses | -$8M |
| Operating Expenses | $181M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $10M |
| EBIT | $78M |
| EBITDA | $88M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $730M |
| Cost of Revenue | $394M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $151M |
| General & Administrative | $38M |
| SG&A Expenses | $189M |
| Other Expenses | -$8M |
| Operating Expenses | $181M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $10M |
| EBIT | $78M |
| EBITDA | $88M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $318M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $431M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$569M |
| NET CASH FROM INVESTING | -$579M |
| Net Debt Issuance | $271M |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $217M |
| FREE CASH FLOW | $420M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $0 |
| Net Receivables | $64M |
| Inventory | $0 |
| Other Current Assets | $4.7B |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $138M |
| Goodwill | $279M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $453M |
| TOTAL ASSETS | $5.3B |
| Account Payables | $59M |
| Short-Term Debt | $233M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $483M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $224M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $328M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$815M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $3.6B |
| Net Debt | $3.5B |
