| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | — | $2.0B | — | 2.5% |
| Op. Income | $15M | — | -$189M | — | 107.9% |
| Gross Margin | 9.3% | — | -1.6% | — | 10.9pp |
| Net Margin | -4.2% | — | -12.1% | — | 8.0pp |
| EPS (Diluted) | $-1.27 | — | $-3.65 | — | 65.2% |
| Free Cash Flow | $6M | — | -$205M | — | 102.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $189M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $58M |
| Operating Expenses | $174M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $15M |
| Interest Income | $12M |
| Interest Expense | $109M |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | -$87M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$85M |
| D&A | -$7M |
| EBIT | $22M |
| EBITDA | $15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$85M |
| Depreciation & Amortization | $171M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$84M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$128M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$153M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $185M |
| Short-Term Investments | $0 |
| Net Receivables | $327M |
| Inventory | $362M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $910M |
| PP&E (Net) | $1.3B |
| Goodwill | $0 |
| Intangible Assets | $50M |
| Long-Term Investments | $3M |
| Tax Assets | $18M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $54M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $257M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $75M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $67M |
| Additional Paid-In Capital | $363M |
| Retained Earnings | $231M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$231M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $430M |
| Minority Interest | $0 |
| TOTAL EQUITY | $430M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
