| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $250M | $240M | $250M | 4.2% | 0.0% |
| Op. Income | $13M | $21M | -$33M | -38.1% | 139.4% |
| Gross Margin | 74.0% | 75.4% | 74.8% | -1.4pp | -0.8pp |
| Net Margin | 82.0% | 67.5% | 71.2% | 14.5pp | 10.8pp |
| EPS (Diluted) | $1.42 | $1.10 | $1.17 | 29.1% | 21.4% |
| Free Cash Flow | -$11M | -$43M | -$20M | 74.4% | 45.0% |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $106M |
| SG&A Expenses | $111M |
| Other Expenses | $61M |
| Operating Expenses | $172M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | $249M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $61M |
| EBIT | $13M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $106M |
| SG&A Expenses | $111M |
| Other Expenses | $61M |
| Operating Expenses | $172M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $55M |
| Other Income/Expenses | $249M |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $61M |
| EBIT | $13M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $205M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $31M |
| Other Non-Cash Items | -$300M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | $352M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $279M |
| Net Debt Issuance | -$69M |
| Common Stock Repurchased | -$187M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$275M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $158M |
| Short-Term Investments | $0 |
| Net Receivables | $178M |
| Inventory | $0 |
| Other Current Assets | $94M |
| TOTAL CURRENT ASSETS | $430M |
| PP&E (Net) | $1.1B |
| Goodwill | $755M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $12.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $236M |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $0 |
| Short-Term Debt | $3M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $145M |
| TOTAL CURRENT LIABILITIES | $178M |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $65M |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $343M |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $5.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.0B |
| Minority Interest | $20M |
| TOTAL EQUITY | $9.0B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $3.8B |
| Net Debt | $3.7B |
