| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $442M | — | $320M | — | 38.0% |
| Op. Income | $48M | — | $52M | — | -8.4% |
| Gross Margin | 25.2% | — | 35.0% | — | -9.8pp |
| Net Margin | 16.6% | — | 26.4% | — | -9.8pp |
| EPS (Diluted) | $4.47 | — | $5.44 | — | -17.8% |
| Free Cash Flow | $33M | — | $8M | — | 338.7% |
| Item | Amount |
|---|---|
| REVENUE | $442M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $27M |
| Operating Expenses | $64M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $48M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | -$200.0K |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $11M |
| EBIT | $76M |
| EBITDA | $87M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $442M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $27M |
| Operating Expenses | $64M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $48M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | -$200.0K |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $11M |
| EBIT | $76M |
| EBITDA | $87M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$700.0K |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $389M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $437M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $470M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $701M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $162M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $951M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $30M |
| Long-Term Investments | $3M |
| Tax Assets | $35M |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $148M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $6M |
| Short-Term Debt | $47M |
| Deferred Revenue | $216M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $347M |
| Long-Term Debt | $499M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $591M |
| TOTAL LIABILITIES | $938M |
| Common Stock | $2M |
| Additional Paid-In Capital | $237M |
| Retained Earnings | -$76M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$500.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $161M |
| Minority Interest | $0 |
| TOTAL EQUITY | $161M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $547M |
| Net Debt | -$154M |
