| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | — | $2.5B | — | 14.6% |
| Op. Income | $47M | — | -$261M | — | 118.1% |
| Gross Margin | 23.4% | — | 15.8% | — | 7.7pp |
| Net Margin | -18.1% | — | -17.2% | — | -1.0pp |
| EPS (Diluted) | $-1.56 | — | $-1.32 | — | -18.2% |
| Free Cash Flow | -$31M | — | -$346M | — | 91.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $682M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $634M |
| Other Expenses | $0 |
| Operating Expenses | $634M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $47M |
| Interest Income | $0 |
| Interest Expense | $448M |
| Other Income/Expenses | -$541M |
| INCOME BEFORE TAX | -$494M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | -$528M |
| Net Income from Discontinued Ops | $308.0K |
| Other Adjustments | $0 |
| NET INCOME | -$528M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$542M |
| D&A | $149M |
| EBIT | -$46M |
| EBITDA | $103M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$528M |
| Depreciation & Amortization | $149M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | $277M |
| Change in Working Capital | $136M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $239.0K |
| NET CASH FROM INVESTING | -$110M |
| Net Debt Issuance | -$93M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $648M |
| Short-Term Investments | $52M |
| Net Receivables | $373M |
| Inventory | $0 |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $304M |
| Goodwill | $2.6B |
| Intangible Assets | $376M |
| Long-Term Investments | $22M |
| Tax Assets | $10M |
| Other Non-Current Assets | $247M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $232M |
| Short-Term Debt | $4M |
| Deferred Revenue | $108M |
| Other Current Liabilities | $136M |
| TOTAL CURRENT LIABILITIES | $915M |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $144M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$4.0B |
| Treasury Stock | -$520M |
| Accum. Other Comp. Income | -$74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.4B |
| Minority Interest | $27M |
| TOTAL EQUITY | -$1.4B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $4.9B |
| Net Debt | $4.2B |
