| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $226M | $229M | $231M | -1.5% | -2.4% |
| Op. Income | $41M | $4M | $56M | 936.5% | -26.6% |
| Gross Margin | 72.3% | 73.4% | 72.4% | -1.2pp | -0.1pp |
| Net Margin | 17.3% | -8.0% | -9.9% | 25.3pp | 27.2pp |
| EPS (Diluted) | $0.09 | $-0.05 | $-0.06 | 305.0% | 259.6% |
| Free Cash Flow | $19M | $13M | $18M | 45.4% | 4.6% |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $163M |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $53M |
| SG&A Expenses | $102M |
| Other Expenses | $21M |
| Operating Expenses | $122M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | $56M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $16M |
| EBIT | $45M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $163M |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $53M |
| SG&A Expenses | $102M |
| Other Expenses | $21M |
| Operating Expenses | $122M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | $56M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $16M |
| EBIT | $45M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$79M |
| Other Non-Cash Items | $32M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $1M |
| Net Receivables | $197M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $365M |
| PP&E (Net) | $220M |
| Goodwill | $1.5B |
| Intangible Assets | $404M |
| Long-Term Investments | $39M |
| Tax Assets | $69M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $103M |
| Short-Term Debt | $10M |
| Deferred Revenue | $176M |
| Other Current Liabilities | $115M |
| TOTAL CURRENT LIABILITIES | $432M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $40.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $633M |
| Minority Interest | $48M |
| TOTAL EQUITY | $681M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
