| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143M | $144M | $133M | -0.9% | 7.1% |
| Op. Income | $11M | $20M | $8M | -43.7% | 43.6% |
| Gross Margin | 49.9% | 55.7% | 48.5% | -5.8pp | 1.4pp |
| Net Margin | 5.9% | 10.5% | 4.5% | -4.6pp | 1.4pp |
| EPS (Diluted) | $0.86 | $1.56 | $0.63 | -44.9% | 36.5% |
| Free Cash Flow | $70M | $55M | $59M | 28.2% | 19.1% |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $49M |
| SG&A Expenses | $54M |
| Other Expenses | $6M |
| Operating Expenses | $60M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $11M |
| Interest Income | $128M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $3M |
| EBIT | $11M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $49M |
| SG&A Expenses | $54M |
| Other Expenses | $6M |
| Operating Expenses | $60M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $11M |
| Interest Income | $128M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $3M |
| EBIT | $11M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$63M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$433.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $139M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $126M |
| Retained Earnings | $367M |
| Treasury Stock | -$150M |
| Accum. Other Comp. Income | -$39.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $345M |
| Minority Interest | $0 |
| TOTAL EQUITY | $345M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.4B |
| Net Debt | $1.4B |
