| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $430M | — | $459M | — | -6.4% |
| Op. Income | $57M | — | $81M | — | -28.9% |
| Gross Margin | 26.3% | — | 26.8% | — | -0.5pp |
| Net Margin | -26.3% | — | -8.5% | — | -17.9pp |
| EPS (Diluted) | $-12.78 | — | $-6.11 | — | -109.2% |
| Free Cash Flow | $8M | — | $58M | — | -85.9% |
| Item | Amount |
|---|---|
| REVENUE | $430M |
| Cost of Revenue | $317M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $372M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $115M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $147M |
| Net Income from Continuing Ops | -$113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$135M |
| D&A | $102M |
| EBIT | $149M |
| EBITDA | $251M |
| EPS | -$13 |
| EPS Diluted | -$13 |
| Item | Amount |
|---|---|
| Net Income | -$113M |
| Depreciation & Amortization | $102M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $147M |
| Other Non-Cash Items | -$64M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $536M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $487M |
| Net Debt Issuance | -$502M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$540M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $77M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $118M |
| PP&E (Net) | $1.8B |
| Goodwill | $0 |
| Intangible Assets | $154M |
| Long-Term Investments | $270M |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $25M |
| Short-Term Debt | $17M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $977M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $154M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $181.0K |
| Additional Paid-In Capital | $541M |
| Retained Earnings | -$183M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $468M |
| Minority Interest | $497M |
| TOTAL EQUITY | $965M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $994M |
| Net Debt | $971M |
