| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | $225M | $216M | 7.5% | 11.8% |
| Op. Income | $25M | $19M | $17M | 32.8% | 47.5% |
| Gross Margin | 17.4% | 10.5% | 16.5% | 6.9pp | 0.9pp |
| Net Margin | 8.9% | 7.0% | 10.8% | 1.9pp | -1.9pp |
| EPS (Diluted) | $0.20 | $0.15 | $0.25 | 33.3% | -20.0% |
| Free Cash Flow | $27M | $18M | $18M | 56.5% | 51.1% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $4M |
| Operating Expenses | $17M |
| Cost & Expenses | $217M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $966.0K |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $6M |
| EBIT | $25M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $4M |
| Operating Expenses | $17M |
| Cost & Expenses | $217M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $966.0K |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $6M |
| EBIT | $25M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $43M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $145M |
| PP&E (Net) | $33M |
| Goodwill | $0 |
| Intangible Assets | $535M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $589M |
| TOTAL ASSETS | $734M |
| Account Payables | $30M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $95M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $194M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $835M |
| Retained Earnings | -$294M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$844.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $540M |
| Minority Interest | $0 |
| TOTAL EQUITY | $540M |
| TOTAL LIABILITIES & EQUITY | $734M |
| Total Debt | $114M |
| Net Debt | $65M |
