| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $537M | — | $587M | — | -8.6% |
| Op. Income | $331M | — | $378M | — | -12.6% |
| Gross Margin | 65.8% | — | 68.3% | — | -2.5pp |
| Net Margin | 59.5% | — | 62.8% | — | -3.4pp |
| EPS (Diluted) | $1.52 | — | $1.80 | — | -15.6% |
| Free Cash Flow | $222M | — | $708M | — | -68.7% |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $353M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $9M |
| Operating Expenses | $23M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $331M |
| Interest Income | $629M |
| Interest Expense | $183M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $331M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $0 |
| EBIT | $514M |
| EBITDA | $514M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $183M |
| GROSS PROFIT | $353M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $9M |
| Operating Expenses | $23M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $331M |
| Interest Income | $629M |
| Interest Expense | $183M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $331M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $0 |
| EBIT | $514M |
| EBITDA | $514M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $319M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$104M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $222M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$158M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$276M |
| FREE CASH FLOW | $222M |
| Net Change in Cash | -$212M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257M |
| Short-Term Investments | $0 |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $305M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.4B |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $124M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $271M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $2.9B |
| Net Debt | $2.7B |
