| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $209M | $177M | $151M | 18.0% | 38.5% |
| Op. Income | $19M | $8M | $7M | 126.7% | 152.0% |
| Gross Margin | 22.7% | 22.6% | 22.8% | 0.1pp | -0.1pp |
| Net Margin | 10.4% | 4.5% | 4.5% | 5.9pp | 5.9pp |
| EPS (Diluted) | $0.18 | $0.07 | $0.06 | 176.5% | 220.3% |
| Free Cash Flow | $164M | $87M | -$49M | 88.1% | 432.2% |
| Item | Amount |
|---|---|
| REVENUE | $209M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $47M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $19M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $517.3K |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $16M |
| EBIT | $19M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $209M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $47M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $19M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $517.3K |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $16M |
| EBIT | $19M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $148M |
| OPERATING CASH FLOW | $191M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | -$78M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $164M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $336M |
| Inventory | $7M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $505M |
| PP&E (Net) | $396M |
| Goodwill | $326M |
| Intangible Assets | $429M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $233M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $174M |
| Short-Term Debt | $10M |
| Deferred Revenue | $387M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $610M |
| Long-Term Debt | $217M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $140M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $447M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $712M |
| Additional Paid-In Capital | $27M |
| Retained Earnings | $84M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $842M |
| Minority Interest | $0 |
| TOTAL EQUITY | $842M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $294M |
| Net Debt | $191M |
