| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $463M | — | $284M | — | 63.1% |
| Op. Income | $66M | — | $17M | — | 299.5% |
| Gross Margin | 6.4% | — | 4.5% | — | 1.9pp |
| Net Margin | 11.6% | — | 3.7% | — | 8.0pp |
| EPS (Diluted) | $0.33 | — | $0.01 | — | 4300.0% |
| Free Cash Flow | -$237M | — | -$196M | — | -20.8% |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $434M |
| GROSS PROFIT | $30M |
| R&D Expenses | $6M |
| Selling & Marketing | $7M |
| General & Administrative | $25M |
| SG&A Expenses | $33M |
| Other Expenses | -$75M |
| Operating Expenses | -$36M |
| Cost & Expenses | $397M |
| OPERATING INCOME | $66M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $25M |
| EBIT | $68M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $434M |
| GROSS PROFIT | $30M |
| R&D Expenses | $6M |
| Selling & Marketing | $7M |
| General & Administrative | $25M |
| SG&A Expenses | $33M |
| Other Expenses | -$75M |
| Operating Expenses | -$36M |
| Cost & Expenses | $397M |
| OPERATING INCOME | $66M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $25M |
| EBIT | $68M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$270M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | -$220M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $168M |
| NET CASH FROM INVESTING | $168M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | -$237M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $63M |
| Inventory | $246.0K |
| Other Current Assets | $137M |
| TOTAL CURRENT ASSETS | $265M |
| PP&E (Net) | $56M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $112M |
| TOTAL ASSETS | $378M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $151M |
| TOTAL LIABILITIES | $215M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | $78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $162M |
| Minority Interest | $0 |
| TOTAL EQUITY | $162M |
| TOTAL LIABILITIES & EQUITY | $378M |
| Total Debt | $35M |
| Net Debt | -$3M |
