| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | — | $3.0B | — | 7.0% |
| Op. Income | $125M | — | $140M | — | -10.8% |
| Gross Margin | 30.8% | — | 36.8% | — | -6.0pp |
| Net Margin | -4.0% | — | -3.1% | — | -0.9pp |
| EPS (Diluted) | $-0.43 | — | $-0.42 | — | -2.4% |
| Free Cash Flow | -$120M | — | $479M | — | -125.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $986M |
| R&D Expenses | $0 |
| Selling & Marketing | $396M |
| General & Administrative | $345M |
| SG&A Expenses | $741M |
| Other Expenses | $120M |
| Operating Expenses | $861M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $125M |
| Interest Income | $15M |
| Interest Expense | $243M |
| Other Income/Expenses | -$237M |
| INCOME BEFORE TAX | -$112M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | -$127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$129M |
| D&A | $1.7B |
| EBIT | $106M |
| EBITDA | $1.8B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$129M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1.7B |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | -$107M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $145M |
| NET CASH FROM FINANCING | $85M |
| FREE CASH FLOW | -$120M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $206M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $111M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $328M |
| Goodwill | $809M |
| Intangible Assets | $21M |
| Long-Term Investments | $2.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $531M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $248M |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $236M |
| Other Current Liabilities | $702M |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $169M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $826M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $312M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.0B |
| Minority Interest | $123M |
| TOTAL EQUITY | -$923M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $3.7B |
| Net Debt | $3.5B |
