| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $94M | $83M | 5.7% | 20.2% |
| Op. Income | $39M | $37M | $53M | 6.2% | -26.4% |
| Gross Margin | 74.3% | 74.8% | 75.3% | -0.5pp | -0.9pp |
| Net Margin | 36.8% | 37.9% | 36.6% | -1.1pp | 0.2pp |
| EPS (Diluted) | $0.37 | $0.37 | $0.36 | 0.0% | 2.8% |
| Free Cash Flow | $56M | $16M | $41M | 249.7% | 37.4% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $24M |
| Operating Expenses | $35M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $39M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $24M |
| EBIT | $42M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $24M |
| Operating Expenses | $35M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $39M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $24M |
| EBIT | $42M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | -$49M |
| TOTAL CURRENT ASSETS | $255M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $177M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $177M |
| TOTAL ASSETS | $4.6B |
| Account Payables | $90M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $672M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $801M |
| TOTAL LIABILITIES | $940M |
| Common Stock | $994.0K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $68M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $672M |
| Net Debt | $428M |
