| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $162M | $162M | $127M | -0.4% | 27.4% |
| Op. Income | $42M | $40M | $30M | 5.1% | 40.3% |
| Gross Margin | 48.1% | 47.5% | 48.4% | 0.7pp | -0.3pp |
| Net Margin | 16.5% | 15.8% | 14.8% | 0.7pp | 1.7pp |
| EPS (Diluted) | $0.92 | $0.88 | $0.64 | 4.5% | 43.8% |
| Free Cash Flow | -$9M | $55M | $25M | -115.7% | -134.0% |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $5M |
| Operating Expenses | $36M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $6M |
| EBIT | $43M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $5M |
| Operating Expenses | $36M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $6M |
| EBIT | $43M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$185.0K |
| Other Non-Cash Items | -$449.0K |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $500M |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $233M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $228M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $316M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $396M |
| PP&E (Net) | $175M |
| Goodwill | $75M |
| Intangible Assets | $39M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $321M |
| TOTAL ASSETS | $716M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $57.0K |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $287.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$677M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$501.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$676M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$676M |
| TOTAL LIABILITIES & EQUITY | $716M |
| Total Debt | $1.3B |
| Net Debt | $950M |
