| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $944M | $1.1B | $1.1B | -17.1% | -12.2% |
| Op. Income | $13M | $113M | $124M | -88.1% | -89.1% |
| Gross Margin | 7.4% | 15.1% | 16.7% | -7.7pp | -9.3pp |
| Net Margin | 5.5% | 6.5% | 8.6% | -1.0pp | -3.1pp |
| EPS (Diluted) | $0.31 | $0.44 | $0.54 | -29.5% | -42.6% |
| Free Cash Flow | -$26M | $78M | $157M | -133.6% | -116.7% |
| Item | Amount |
|---|---|
| REVENUE | $944M |
| Cost of Revenue | $874M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $930M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $44M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $132M |
| EBIT | $66M |
| EBITDA | $199M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $944M |
| Cost of Revenue | $874M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $930M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $44M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $132M |
| EBIT | $66M |
| EBITDA | $199M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $132M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | -$42M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $177M |
| Capital Expenditure | -$203M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $36M |
| NET CASH FROM INVESTING | -$188M |
| Net Debt Issuance | $52M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$387.0K |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $540M |
| Inventory | $203M |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $849M |
| PP&E (Net) | $2.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $81M |
| Tax Assets | $0 |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $314M |
| Short-Term Debt | $95M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $171M |
| TOTAL CURRENT LIABILITIES | $667M |
| Long-Term Debt | $191M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $138M |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $651M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $977M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $534M |
| Net Debt | $514M |
