| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $220M | $232M | $216M | -5.5% | 1.7% |
| Op. Income | $93M | $112M | $85M | -16.9% | 9.5% |
| Gross Margin | 73.9% | 19.7% | 71.9% | 54.2pp | 2.1pp |
| Net Margin | 28.2% | 33.1% | 25.8% | -4.9pp | 2.4pp |
| EPS (Diluted) | $0.96 | $1.17 | $0.84 | -17.9% | 14.3% |
| Free Cash Flow | $80M | $92M | $68M | -13.3% | 16.6% |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $49M |
| SG&A Expenses | $49M |
| Other Expenses | $21M |
| Operating Expenses | $69M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $93M |
| Interest Income | $704.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $7M |
| EBIT | $97M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $49M |
| SG&A Expenses | $49M |
| Other Expenses | $21M |
| Operating Expenses | $69M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $93M |
| Interest Income | $704.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $7M |
| EBIT | $97M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$503.0K |
| OPERATING CASH FLOW | $81M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$451.0K |
| Common Dividends Paid | -$30M |
| Other Financing Activities | -$885.0K |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $176M |
| Short-Term Investments | $0 |
| Net Receivables | $96M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $280M |
| PP&E (Net) | $11M |
| Goodwill | $982M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $35M |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $71M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $214M |
| Long-Term Debt | $965M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $163M |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $844.0K |
| Additional Paid-In Capital | $756M |
| Retained Earnings | $956M |
| Treasury Stock | -$584M |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $965M |
| Net Debt | $789M |
