| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $977M | $1.0B | $1.2B | -2.8% | -15.1% |
| Op. Income | $26M | $12M | -$36M | 116.7% | 172.2% |
| Gross Margin | 21.1% | 13.4% | 15.2% | 7.7pp | 5.9pp |
| Net Margin | 2.5% | -0.2% | -2.4% | 2.7pp | 4.9pp |
| EPS (Diluted) | $0.22 | $-0.02 | $-0.25 | 1289.2% | 188.0% |
| Free Cash Flow | $8M | -$10M | $310M | 180.0% | -97.4% |
| Item | Amount |
|---|---|
| REVENUE | $977M |
| Cost of Revenue | $771M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $57M |
| SG&A Expenses | $57M |
| Other Expenses | $123M |
| Operating Expenses | $180M |
| Cost & Expenses | $951M |
| OPERATING INCOME | $26M |
| Interest Income | $861M |
| Interest Expense | $726M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $0 |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $977M |
| Cost of Revenue | $771M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $57M |
| SG&A Expenses | $57M |
| Other Expenses | $123M |
| Operating Expenses | $180M |
| Cost & Expenses | $951M |
| OPERATING INCOME | $26M |
| Interest Income | $861M |
| Interest Expense | $726M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $0 |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $907M |
| NET CASH FROM INVESTING | $907M |
| Net Debt Issuance | $8.0B |
| Common Stock Repurchased | -$65M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$9.7B |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$690M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $722M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $52M |
| Goodwill | $428M |
| Intangible Assets | $9M |
| Long-Term Investments | $46.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $49.2B |
| TOTAL ASSETS | $51.8B |
| Account Payables | $0 |
| Short-Term Debt | $4.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $43.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $483M |
| TOTAL NON-CURRENT LIABILITIES | $44.4B |
| TOTAL LIABILITIES | $49.1B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $4.7B |
| Treasury Stock | -$5.4B |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $51.8B |
| Total Debt | $48.7B |
| Net Debt | $47.9B |
