| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $238M | $142M | $171M | 67.6% | 39.8% |
| Op. Income | $33M | $10M | $23M | 223.8% | 45.0% |
| Gross Margin | 20.1% | 13.5% | 18.2% | 6.5pp | 1.8pp |
| Net Margin | 5.4% | 5.8% | 11.2% | -0.4pp | -5.8pp |
| EPS (Diluted) | $0.42 | $0.29 | $0.57 | 48.7% | -25.6% |
| Free Cash Flow | $52M | -$1M | $36M | 3866.3% | 44.3% |
| Item | Amount |
|---|---|
| REVENUE | $238M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $1M |
| Operating Expenses | $14M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $33M |
| Interest Expense | $8M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $31M |
| EBIT | $31M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $238M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $1M |
| Operating Expenses | $14M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $33M |
| Interest Expense | $8M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $31M |
| EBIT | $31M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | -$362.5K |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $118M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | -$38M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | -$82.6K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $0 |
| Net Receivables | $97M |
| Inventory | $47M |
| Other Current Assets | $979.2K |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $845M |
| Goodwill | $384.4K |
| Intangible Assets | $5M |
| Long-Term Investments | $60M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $914M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $107M |
| Short-Term Debt | $68M |
| Deferred Revenue | $43.1K |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $237M |
| Long-Term Debt | $447M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $633M |
| TOTAL LIABILITIES | $870M |
| Common Stock | $168M |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $90M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$297.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $261M |
| Minority Interest | $0 |
| TOTAL EQUITY | $261M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $524M |
| Net Debt | $459M |
