| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | — | $1.9B | — | -1.5% |
| Op. Income | -$32M | — | $123M | — | -125.7% |
| Gross Margin | 11.5% | — | 19.0% | — | -7.6pp |
| Net Margin | -6.0% | — | 4.6% | — | -10.5pp |
| EPS (Diluted) | $-0.96 | — | $0.75 | — | -228.0% |
| Free Cash Flow | -$40M | — | $43M | — | -194.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $126M |
| General & Administrative | $103M |
| SG&A Expenses | $229M |
| Other Expenses | $16M |
| Operating Expenses | $245M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | -$32M |
| Interest Income | $1M |
| Interest Expense | $53M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | -$97M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$111M |
| D&A | $65M |
| EBIT | -$32M |
| EBITDA | $33M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$111M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$500.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $47M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $288M |
| Inventory | $0 |
| Other Current Assets | $670M |
| TOTAL CURRENT ASSETS | $995M |
| PP&E (Net) | $0 |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $812M |
| TOTAL NON-CURRENT ASSETS | $822M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $224M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $126M |
| TOTAL CURRENT LIABILITIES | $369M |
| Long-Term Debt | $557M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $697M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$345M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$296M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $751M |
| Minority Interest | $0 |
| TOTAL EQUITY | $751M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $577M |
| Net Debt | $540M |
