| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $720M | — | $719M | — | 0.2% |
| Op. Income | -$45M | — | -$12M | — | -259.2% |
| Gross Margin | 15.7% | — | 16.2% | — | -0.5pp |
| Net Margin | -11.7% | — | -5.2% | — | -6.5pp |
| EPS (Diluted) | $-0.14 | — | $-0.07 | — | -109.0% |
| Free Cash Flow | -$148M | — | -$59M | — | -149.4% |
| Item | Amount |
|---|---|
| REVENUE | $720M |
| Cost of Revenue | $607M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $115M |
| Operating Expenses | $158M |
| Cost & Expenses | $765M |
| OPERATING INCOME | -$45M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | -$83M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$85M |
| D&A | $164M |
| EBIT | -$40M |
| EBITDA | $124M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$84M |
| Depreciation & Amortization | $164M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$224M |
| Acquisitions (Net) | $228.0K |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$231M |
| Net Debt Issuance | $117M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $156M |
| FREE CASH FLOW | -$148M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $94M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $260M |
| PP&E (Net) | $2.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $34M |
| Tax Assets | $3M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $82M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $157M |
| Long-Term Debt | $653M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $105M |
| Other Non-Current Liabilities | $128M |
| TOTAL NON-CURRENT LIABILITIES | $886M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $156M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$504M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $663M |
| Net Debt | $556M |
