| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $305M | $308M | $299M | -1.1% | 2.0% |
| Op. Income | $25M | $3M | $35M | 898.5% | -28.3% |
| Gross Margin | 14.0% | 6.7% | 18.5% | 7.3pp | -4.5pp |
| Net Margin | 4.2% | -0.7% | 7.7% | 4.9pp | -3.6pp |
| EPS (Diluted) | $1.80 | $-0.32 | $3.01 | 664.3% | -40.2% |
| Free Cash Flow | $38M | $40M | $10M | -5.2% | 272.2% |
| Item | Amount |
|---|---|
| REVENUE | $305M |
| Cost of Revenue | $262M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | -$232.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $279M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $11M |
| EBIT | $27M |
| EBITDA | $38M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $305M |
| Cost of Revenue | $262M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | -$232.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $279M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $11M |
| EBIT | $27M |
| EBITDA | $38M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $37.0K |
| Deferred Income Tax | -$159.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $371.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$12.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $97M |
| Inventory | $842M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $956M |
| PP&E (Net) | $340M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $413M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $62M |
| Short-Term Debt | $121M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $250M |
| Long-Term Debt | $473M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $531M |
| TOTAL LIABILITIES | $780M |
| Common Stock | $3M |
| Additional Paid-In Capital | $100M |
| Retained Earnings | $717M |
| Treasury Stock | -$207M |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $589M |
| Minority Interest | $0 |
| TOTAL EQUITY | $589M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $615M |
| Net Debt | $609M |
