| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $232M | $226M | $206M | 3.0% | 12.9% |
| Op. Income | $112M | $120M | $86M | -7.2% | 29.5% |
| Gross Margin | 19.7% | 74.0% | 7.9% | -54.3pp | 11.8pp |
| Net Margin | 33.1% | 36.3% | 26.8% | -3.2pp | 6.3pp |
| EPS (Diluted) | $1.17 | $1.24 | $0.82 | -5.6% | 42.7% |
| Free Cash Flow | $92M | $100M | $96M | -8.5% | -4.8% |
| Item | Amount |
|---|---|
| REVENUE | $232M |
| Cost of Revenue | $187M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$77M |
| SG&A Expenses | -$77M |
| Other Expenses | $11M |
| Operating Expenses | -$66M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $112M |
| Interest Income | $5M |
| Interest Expense | $18M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $8M |
| EBIT | $117M |
| EBITDA | $124M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $232M |
| Cost of Revenue | $187M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$77M |
| SG&A Expenses | -$77M |
| Other Expenses | $11M |
| Operating Expenses | -$66M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $112M |
| Interest Income | $5M |
| Interest Expense | $18M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $8M |
| EBIT | $117M |
| EBITDA | $124M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$796.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$155.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $899.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$97M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$151M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $0 |
| Net Receivables | $101M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $236M |
| PP&E (Net) | $12M |
| Goodwill | $982M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $605.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $198M |
| Long-Term Debt | $964M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $157M |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $839.0K |
| Additional Paid-In Capital | $752M |
| Retained Earnings | $925M |
| Treasury Stock | -$575M |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $964M |
| Net Debt | $837M |
