| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $928M | — | 13.1% |
| Op. Income | $55M | — | $35M | — | 57.0% |
| Gross Margin | 22.8% | — | 21.9% | — | 0.9pp |
| Net Margin | -0.6% | — | 2.2% | — | -2.8pp |
| EPS (Diluted) | $-1.25 | — | $3.93 | — | -131.8% |
| Free Cash Flow | $74M | — | $17M | — | 335.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $811M |
| GROSS PROFIT | $240M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $185M |
| SG&A Expenses | $185M |
| Other Expenses | $0 |
| Operating Expenses | $185M |
| Cost & Expenses | $996M |
| OPERATING INCOME | $55M |
| Interest Income | $1M |
| Interest Expense | $60M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $95M |
| EBIT | $56M |
| EBITDA | $151M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $95M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $96M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $104M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$150M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $0 |
| Net Receivables | $233M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $334M |
| PP&E (Net) | $135M |
| Goodwill | $512M |
| Intangible Assets | $264M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $929M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $33M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $113M |
| Long-Term Debt | $668M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $768M |
| TOTAL LIABILITIES | $881M |
| Common Stock | $50.0K |
| Additional Paid-In Capital | $366M |
| Retained Earnings | $17M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$796.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $382M |
| Minority Interest | $0 |
| TOTAL EQUITY | $382M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $730M |
| Net Debt | $643M |
