| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $798M | — | $1.0B | — | -21.7% |
| Op. Income | $65M | — | $51M | — | 27.5% |
| Gross Margin | 13.3% | — | 33.3% | — | -20.0pp |
| Net Margin | -0.6% | — | -1.0% | — | 0.5pp |
| EPS (Diluted) | $-0.11 | — | $-0.26 | — | 57.7% |
| Free Cash Flow | $103M | — | -$11M | — | 1030.2% |
| Item | Amount |
|---|---|
| REVENUE | $798M |
| Cost of Revenue | $692M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $733M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $60M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $14.0K |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $50M |
| EBIT | $62M |
| EBITDA | $112M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $163.0K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $657.0K |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$89M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$793.0K |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$104M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | $9.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54.0K |
| Short-Term Investments | $0 |
| Net Receivables | $61M |
| Inventory | $44M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $114M |
| PP&E (Net) | $366M |
| Goodwill | $17M |
| Intangible Assets | $55.0K |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $395M |
| TOTAL ASSETS | $509M |
| Account Payables | $52M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.0K |
| TOTAL CURRENT LIABILITIES | $101M |
| Long-Term Debt | $421M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $574M |
| Common Stock | -$66M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$66M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$65M |
| TOTAL LIABILITIES & EQUITY | $509M |
| Total Debt | $482M |
| Net Debt | $482M |
