| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $437M | $423M | $407M | 3.3% | 7.4% |
| Op. Income | $45M | $31M | $8M | 46.2% | 486.8% |
| Gross Margin | 15.4% | 12.1% | 6.6% | 3.3pp | 8.8pp |
| Net Margin | 5.3% | 3.8% | -3.1% | 1.4pp | 8.3pp |
| EPS (Diluted) | $0.20 | $0.14 | $-0.11 | 42.9% | 281.8% |
| Free Cash Flow | $53M | $23M | -$5M | 127.8% | 1225.9% |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $369M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $392M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $42M |
| EBIT | $34M |
| EBITDA | $76M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $369M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $392M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $42M |
| EBIT | $34M |
| EBITDA | $76M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $97M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $185M |
| Short-Term Investments | $0 |
| Net Receivables | $546M |
| Inventory | $159M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $964M |
| PP&E (Net) | $630M |
| Goodwill | $349M |
| Intangible Assets | $299M |
| Long-Term Investments | $80M |
| Tax Assets | $74M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $144M |
| Short-Term Debt | $19M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $219M |
| TOTAL CURRENT LIABILITIES | $484M |
| Long-Term Debt | $121M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $119M |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $432M |
| TOTAL LIABILITIES | $916M |
| Common Stock | $8M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$527M |
| Treasury Stock | -$83M |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $203M |
| Net Debt | $18M |
