| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $241M | $154M | 1.3% | 58.0% |
| Op. Income | $25M | $15M | $5M | 67.3% | 368.0% |
| Gross Margin | 19.4% | 20.3% | 21.8% | -0.9pp | -2.4pp |
| Net Margin | 9.4% | 7.2% | 6.6% | 2.1pp | 2.8pp |
| EPS (Diluted) | $0.18 | $0.14 | $0.08 | 28.6% | 117.7% |
| Free Cash Flow | $158M | $230M | -$2M | -31.4% | 9398.0% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $47M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $25M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $18M |
| EBIT | $25M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $47M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $25M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $18M |
| EBIT | $25M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $136M |
| OPERATING CASH FLOW | $186M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $139.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $158M |
| Net Change in Cash | $146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $261M |
| Short-Term Investments | $0 |
| Net Receivables | $272M |
| Inventory | $9M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $591M |
| PP&E (Net) | $448M |
| Goodwill | $307M |
| Intangible Assets | $407M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $223M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $197M |
| Short-Term Debt | $12M |
| Deferred Revenue | $652M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $909M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $126M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $227M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $689M |
| Additional Paid-In Capital | $22M |
| Retained Earnings | $119M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $844M |
| Minority Interest | $0 |
| TOTAL EQUITY | $844M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $96M |
| Net Debt | -$166M |
