| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $647M | $671M | $618M | -3.7% | 4.7% |
| Op. Income | -$89M | $54M | $49M | -264.2% | -283.4% |
| Gross Margin | 20.6% | 22.4% | 24.4% | -1.8pp | -3.8pp |
| Net Margin | -20.6% | 2.1% | 2.4% | -22.7pp | -23.0pp |
| EPS (Diluted) | $-1.17 | $0.12 | $0.13 | -1089.3% | -1003.1% |
| Free Cash Flow | -$79M | $45M | -$43M | -274.5% | -80.6% |
| Item | Amount |
|---|---|
| REVENUE | $647M |
| Cost of Revenue | $514M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $189M |
| SG&A Expenses | $189M |
| Other Expenses | $34M |
| Operating Expenses | $223M |
| Cost & Expenses | $736M |
| OPERATING INCOME | -$89M |
| Interest Income | $2M |
| Interest Expense | $51M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | -$138M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$134M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$134M |
| D&A | $30M |
| EBIT | -$87M |
| EBITDA | -$57M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$134M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $122M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | -$423.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $194.0K |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$612M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $617M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$79M |
| Net Change in Cash | -$75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $117M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $215M |
| PP&E (Net) | $1.8B |
| Goodwill | $1.1B |
| Intangible Assets | $430M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $45M |
| Short-Term Debt | $8M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $138M |
| TOTAL CURRENT LIABILITIES | $413M |
| Long-Term Debt | $919M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $830M |
| Retained Earnings | $30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $865M |
| Minority Interest | $0 |
| TOTAL EQUITY | $865M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $2.4B |
| Net Debt | $2.3B |
