| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $299M | — | $265M | — | 12.6% |
| Op. Income | $35M | — | $7M | — | 438.2% |
| Gross Margin | 18.5% | — | 8.6% | — | 9.9pp |
| Net Margin | 7.7% | — | 1.9% | — | 5.8pp |
| EPS (Diluted) | $3.01 | — | $0.62 | — | 385.5% |
| Free Cash Flow | $10M | — | -$42M | — | 124.4% |
| Item | Amount |
|---|---|
| REVENUE | $299M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | -$57.0K |
| Operating Expenses | $20M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $11M |
| EBIT | $37M |
| EBITDA | $48M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $299M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | -$57.0K |
| Operating Expenses | $20M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $11M |
| EBIT | $37M |
| EBITDA | $48M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $80.0K |
| Deferred Income Tax | $32.0K |
| Other Non-Cash Items | $318.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$12.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $35.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $735M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $838M |
| PP&E (Net) | $358M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $419M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $118M |
| Short-Term Debt | $33M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $200M |
| Long-Term Debt | $415M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $481M |
| TOTAL LIABILITIES | $681M |
| Common Stock | $3M |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $664M |
| Treasury Stock | -$171M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $576M |
| Minority Interest | $0 |
| TOTAL EQUITY | $576M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $478M |
| Net Debt | $466M |
