| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $703M | — | $624M | — | 12.7% |
| Op. Income | $340M | — | $295M | — | 15.2% |
| Gross Margin | 74.8% | — | 74.1% | — | 0.7pp |
| Net Margin | -83.8% | — | 21.0% | — | -104.8pp |
| EPS (Diluted) | $-2.01 | — | $0.36 | — | -654.4% |
| Free Cash Flow | -$126M | — | -$133M | — | 5.5% |
| Item | Amount |
|---|---|
| REVENUE | $703M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $526M |
| R&D Expenses | $0 |
| Selling & Marketing | $111M |
| General & Administrative | $61M |
| SG&A Expenses | $172M |
| Other Expenses | $15M |
| Operating Expenses | $187M |
| Cost & Expenses | $364M |
| OPERATING INCOME | $340M |
| Interest Income | $24M |
| Interest Expense | $64M |
| Other Income/Expenses | -$908M |
| INCOME BEFORE TAX | -$569M |
| Income Tax Expense | $20M |
| NET INCOME | -$589M |
| D&A | $37M |
| EBIT | $333M |
| EBITDA | $369M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$589M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $948M |
| Change in Working Capital | -$472M |
| OPERATING CASH FLOW | -$61M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$27M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | $204M |
| Common Stock Repurchased | -$123M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $320M |
| NET CASH FROM FINANCING | $402M |
| FREE CASH FLOW | -$126M |
| Net Change in Cash | $245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $1.9B |
| Net Receivables | $6.2B |
| Inventory | $0 |
| Other Current Assets | $106M |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $369M |
| Goodwill | $419M |
| Intangible Assets | $681M |
| Long-Term Investments | $22M |
| Tax Assets | $176M |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $135M |
| Short-Term Debt | $991M |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $175M |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $137M |
| Other Non-Current Liabilities | $170M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $15.3K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$70M |
| Treasury Stock | -$364M |
| Accum. Other Comp. Income | $2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $10M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $2.6B |
| Net Debt | $1.5B |
