| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | — | $3.3B | — | 7.9% |
| Op. Income | -$3M | — | -$45M | — | 93.3% |
| Gross Margin | 8.4% | — | 8.5% | — | -0.1pp |
| Net Margin | -0.3% | — | -1.1% | — | 0.8pp |
| EPS (Diluted) | $-0.05 | — | $-0.17 | — | 70.6% |
| Free Cash Flow | -$348M | — | -$230M | — | -51.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $302M |
| R&D Expenses | $0 |
| Selling & Marketing | $164M |
| General & Administrative | $0 |
| SG&A Expenses | $164M |
| Other Expenses | $141M |
| Operating Expenses | $305M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | -$3M |
| Interest Income | $36M |
| Interest Expense | $1M |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $50M |
| EBIT | $33M |
| EBITDA | $83M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | -$146M |
| Change in Working Capital | -$211M |
| OPERATING CASH FLOW | -$261M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | $203M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $199M |
| FREE CASH FLOW | -$348M |
| Net Change in Cash | -$152M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $609M |
| Short-Term Investments | $0 |
| Net Receivables | $96M |
| Inventory | $79M |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $871M |
| PP&E (Net) | $3.3B |
| Goodwill | $0 |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $821M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $134M |
| Short-Term Debt | $251M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $381M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $219M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $169M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $403M |
| Retained Earnings | $111M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $507M |
| Minority Interest | $0 |
| TOTAL EQUITY | $507M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $3.5B |
| Net Debt | $2.9B |
