| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $360M | $372M | $343M | -3.1% | 5.1% |
| Op. Income | $129M | $129M | $113M | 0.3% | 14.8% |
| Gross Margin | 66.1% | 63.2% | 68.7% | 2.8pp | -2.6pp |
| Net Margin | 27.9% | 26.9% | 25.1% | 1.0pp | 2.8pp |
| EPS (Diluted) | $0.51 | $0.50 | $0.43 | 2.0% | 18.6% |
| Free Cash Flow | $61M | $116M | $114M | -47.7% | -46.5% |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $65M |
| SG&A Expenses | $67M |
| Other Expenses | $41M |
| Operating Expenses | $109M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $129M |
| Interest Income | $323M |
| Interest Expense | $106M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $7M |
| EBIT | $129M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $122M |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $65M |
| SG&A Expenses | $67M |
| Other Expenses | $41M |
| Operating Expenses | $109M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $129M |
| Interest Income | $323M |
| Interest Expense | $106M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $7M |
| EBIT | $129M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$985.0K |
| Sales/Maturities of Investments | $123M |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | $135M |
| Net Debt Issuance | -$700M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $424M |
| NET CASH FROM FINANCING | -$317M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$107M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $910M |
| Short-Term Investments | $1.7B |
| Net Receivables | $120M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $386M |
| Goodwill | $1.4B |
| Intangible Assets | $40M |
| Long-Term Investments | $17.1B |
| Tax Assets | $187M |
| Other Non-Current Assets | $612M |
| TOTAL NON-CURRENT ASSETS | $19.7B |
| TOTAL ASSETS | $22.5B |
| Account Payables | $0 |
| Short-Term Debt | $162M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17.1B |
| TOTAL CURRENT LIABILITIES | $17.3B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $181M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $18.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$256M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $22.5B |
| Total Debt | $1.2B |
| Net Debt | $292M |
