| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $452M | — | $453M | — | -0.1% |
| Op. Income | -$12M | — | $80M | — | -114.7% |
| Gross Margin | 21.2% | — | 38.7% | — | -17.5pp |
| Net Margin | 2.8% | — | 4.4% | — | -1.6pp |
| EPS (Diluted) | $-0.28 | — | $0.28 | — | -200.0% |
| Free Cash Flow | $88M | — | $216M | — | -59.1% |
| Item | Amount |
|---|---|
| REVENUE | $452M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $457M |
| SG&A Expenses | $457M |
| Other Expenses | -$349M |
| Operating Expenses | $108M |
| Cost & Expenses | $464M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $66M |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | -$1 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $127M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$41M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$85M |
| NET CASH FROM FINANCING | -$114M |
| FREE CASH FLOW | $88M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $46M |
| Goodwill | $29M |
| Intangible Assets | $3M |
| Long-Term Investments | $240M |
| Tax Assets | $58M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $395M |
| TOTAL ASSETS | $505M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $385M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $553M |
| TOTAL LIABILITIES | $616M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$28M |
| Minority Interest | -$84M |
| TOTAL EQUITY | -$111M |
| TOTAL LIABILITIES & EQUITY | $505M |
| Total Debt | $426M |
| Net Debt | $382M |
