| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $256M | $223M | $251M | 14.7% | 1.9% |
| Op. Income | $40M | $20M | $32M | 98.1% | 22.5% |
| Gross Margin | 25.3% | 20.4% | 20.7% | 4.9pp | 4.6pp |
| Net Margin | 11.3% | 6.2% | 9.3% | 5.1pp | 2.0pp |
| EPS (Diluted) | $1.38 | $0.66 | $1.12 | 109.1% | 23.2% |
| Free Cash Flow | $7M | $30M | $27M | -76.9% | -74.3% |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $9M |
| EBIT | $40M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $9M |
| EBIT | $40M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $900.0K |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $245.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $126M |
| Inventory | $81M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $226M |
| Goodwill | $114M |
| Intangible Assets | $125M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $481M |
| TOTAL ASSETS | $703M |
| Account Payables | $48M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $124M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $184M |
| TOTAL LIABILITIES | $282M |
| Common Stock | $207.0K |
| Additional Paid-In Capital | $28M |
| Retained Earnings | $390M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $421M |
| Minority Interest | $0 |
| TOTAL EQUITY | $421M |
| TOTAL LIABILITIES & EQUITY | $703M |
| Total Debt | $144M |
| Net Debt | $135M |
