| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $162M | $156M | $117M | 4.4% | 38.8% |
| Op. Income | $40M | $41M | $31M | -3.4% | 29.9% |
| Gross Margin | 47.5% | 47.8% | 48.8% | -0.3pp | -1.3pp |
| Net Margin | 15.8% | 17.7% | 16.7% | -1.8pp | -0.8pp |
| EPS (Diluted) | $0.88 | $0.93 | $0.65 | -5.4% | 35.4% |
| Free Cash Flow | $55M | $26M | $24M | 112.2% | 124.3% |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $5M |
| Operating Expenses | $37M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $5M |
| EBIT | $41M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $5M |
| Operating Expenses | $37M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $5M |
| EBIT | $41M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $524.0K |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$230.0K |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $166M |
| PP&E (Net) | $177M |
| Goodwill | $75M |
| Intangible Assets | $39M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $319M |
| TOTAL ASSETS | $485M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $105M |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $714M |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $90.0K |
| TOTAL NON-CURRENT LIABILITIES | $813M |
| TOTAL LIABILITIES | $932M |
| Common Stock | $292.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$449M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $63.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$447M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$447M |
| TOTAL LIABILITIES & EQUITY | $485M |
| Total Debt | $778M |
| Net Debt | $694M |
