| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $455M | $410M | $366M | 11.1% | 24.3% |
| Op. Income | $14M | -$3M | -$26M | 590.3% | 154.7% |
| Gross Margin | 30.2% | 28.8% | 38.5% | 1.3pp | -8.3pp |
| Net Margin | 1.1% | -1.9% | -6.4% | 3.0pp | 7.6pp |
| EPS (Diluted) | $0.09 | $-0.15 | $-0.45 | 163.0% | 121.0% |
| Free Cash Flow | -$45M | -$37M | -$55M | -22.1% | 18.5% |
| Item | Amount |
|---|---|
| REVENUE | $455M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $75M |
| SG&A Expenses | $124M |
| Other Expenses | -$1M |
| Operating Expenses | $123M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $21M |
| EBIT | $13M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $455M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $75M |
| SG&A Expenses | $124M |
| Other Expenses | -$1M |
| Operating Expenses | $123M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $21M |
| EBIT | $13M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $160M |
| NET CASH FROM FINANCING | $166M |
| FREE CASH FLOW | -$45M |
| Net Change in Cash | $139M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $24M |
| Net Receivables | $85M |
| Inventory | $0 |
| Other Current Assets | $680M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $199M |
| Goodwill | $302M |
| Intangible Assets | $96M |
| Long-Term Investments | $2.0B |
| Tax Assets | $124M |
| Other Non-Current Assets | $276M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $104M |
| Short-Term Debt | $2M |
| Deferred Revenue | $243M |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $408M |
| Retained Earnings | $744M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$278M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $874M |
| Minority Interest | $0 |
| TOTAL EQUITY | $874M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $60M |
| Net Debt | -$1.5B |
