| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190M | $188M | — | 1.2% | — |
| Op. Income | $65M | $64M | — | 1.7% | — |
| Gross Margin | 80.3% | 79.2% | — | 1.1pp | — |
| Net Margin | 31.5% | 19.5% | — | 12.0pp | — |
| EPS (Diluted) | $0.33 | $0.20 | — | 65.0% | — |
| Free Cash Flow | $80M | $75M | — | 7.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $431.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $75M |
| Operating Expenses | $87M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $65M |
| Interest Income | $14.0K |
| Interest Expense | $27M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $76M |
| EBIT | $88M |
| EBITDA | $165M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $431.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $75M |
| Operating Expenses | $87M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $65M |
| Interest Income | $14.0K |
| Interest Expense | $27M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $76M |
| EBIT | $88M |
| EBITDA | $165M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $122M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$148M |
| NET CASH FROM INVESTING | -$171M |
| Net Debt Issuance | $142M |
| Common Stock Repurchased | -$107.0K |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $71M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $125M |
| Inventory | $0 |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $422M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.8B |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $99M |
| Short-Term Debt | $127M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $249M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | -$987M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $71M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $2.8B |
| Net Debt | $2.8B |
