| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $256M | $240M | $175M | 6.5% | 45.7% |
| Op. Income | $95M | $70M | $84M | 34.4% | 13.1% |
| Gross Margin | 40.7% | 34.1% | 50.8% | 6.6pp | -10.1pp |
| Net Margin | 26.4% | 16.5% | 47.6% | 9.9pp | -21.2pp |
| EPS (Diluted) | $0.70 | $0.42 | $0.88 | 66.7% | -20.5% |
| Free Cash Flow | $63M | $47M | $34M | 32.3% | 86.7% |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $66M |
| EBIT | $94M |
| EBITDA | $160M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $66M |
| EBIT | $94M |
| EBITDA | $160M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$94M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$86M |
| Other Financing Activities | -$572.0K |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $185M |
| Short-Term Investments | $0 |
| Net Receivables | $133M |
| Inventory | $26M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $380M |
| PP&E (Net) | $1.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $43M |
| Short-Term Debt | $83M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $306M |
| Long-Term Debt | $688M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $795M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $781M |
| Net Debt | $597M |
