| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | — | $3.2B | — | 48.3% |
| Op. Income | $816M | — | $63M | — | 1193.3% |
| Gross Margin | 34.1% | — | 23.5% | — | 10.5pp |
| Net Margin | -39.3% | — | 12.5% | — | -51.8pp |
| EPS (Diluted) | $-4.31 | — | $0.92 | — | -568.5% |
| Free Cash Flow | $695M | — | -$970M | — | 171.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $789M |
| Other Expenses | $0 |
| Operating Expenses | $789M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $816M |
| Interest Income | $48M |
| Interest Expense | $480M |
| Other Income/Expenses | -$2.7B |
| INCOME BEFORE TAX | -$1.8B |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.9B |
| D&A | $254M |
| EBIT | -$1.4B |
| EBITDA | -$1.1B |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$1.9B |
| Depreciation & Amortization | $251M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.7B |
| Change in Working Capital | $299M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$676M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $42M |
| NET CASH FROM INVESTING | -$634M |
| Net Debt Issuance | $85M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$50M |
| Other Financing Activities | -$515M |
| NET CASH FROM FINANCING | -$480M |
| FREE CASH FLOW | $695M |
| Net Change in Cash | $261M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $55M |
| Net Receivables | $357M |
| Inventory | $55M |
| Other Current Assets | $351M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $5.9B |
| Goodwill | $0 |
| Intangible Assets | $62M |
| Long-Term Investments | $10M |
| Tax Assets | $43M |
| Other Non-Current Assets | $137M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $245M |
| Short-Term Debt | $253M |
| Deferred Revenue | $3.5B |
| Other Current Liabilities | $306M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $4.2B |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | -$45M |
| Retained Earnings | -$5.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $192M |
| TOTAL STOCKHOLDERS' EQUITY | -$5.4B |
| Minority Interest | $4M |
| TOTAL EQUITY | -$5.3B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $5.5B |
| Net Debt | $4.0B |
