| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $1.1B | — | 4.5% |
| Op. Income | -$47M | — | $55M | — | -186.6% |
| Gross Margin | 24.2% | — | 22.8% | — | 1.4pp |
| Net Margin | -11.0% | — | -0.6% | — | -10.4pp |
| EPS (Diluted) | $-0.13 | — | $-1.25 | — | 89.6% |
| Free Cash Flow | -$5M | — | $74M | — | -106.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $832M |
| GROSS PROFIT | $266M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $313M |
| Operating Expenses | $313M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$47M |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | -$76M |
| INCOME BEFORE TAX | -$123M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$121M |
| D&A | $93M |
| EBIT | -$6M |
| EBITDA | $87M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$121M |
| Depreciation & Amortization | $93M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $110M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$1.9B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $756M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $0 |
| Net Receivables | $237M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $394M |
| PP&E (Net) | $219M |
| Goodwill | $846M |
| Intangible Assets | $741M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $18M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $106M |
| Long-Term Debt | $747M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $151M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $950M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$107M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $1.3B |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $813M |
| Net Debt | $673M |
