$3.69

+0.00 (+0.00%)

Weekly Expected Move ±3.4%

$3 $4 $4 $4 $4

NYSE · Real Estate · REIT - Mortgage · Tech Score Sell · Power 32 · $466.9M mcap · 112M float · 1.53% daily turnover · Short 61% of daily vol

Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: none of note held by US funds details ▾

Not rated: lending and leverage are a financial company's business, which the model misreads.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$332M -4.5% ▼

5Y CAGR: -4.8%

Gross Profit

$165M +3.3% ▲

5Y CAGR: -5.0%

Operating Income

$131M +352.6% ▲

5Y CAGR: +46.2%

Net Income

-$31M +76.4% ▲

EPS (Diluted)

$-0.26 +75.2% ▲

EBITDA

$112M +267.6% ▲

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$323M	$359M	$392M	$347M	$332M
YoY Growth	-31.6%	+23.6%	+15.8%	-16.3%	-4.5%
Cost of Revenue	$131M	$165M	$200M	$188M	$167M
Gross Profit	$192M	$193M	$192M	$159M	$165M
Gross Margin	59.4%	53.9%	49.0%	45.9%	49.6%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$42M	$33M	$40M	$35M	$0
Operating Expenses	$92M	$146M	$180M	$211M	$34M
Operating Income	$100M	$47M	$12M	-$52M	$131M
Operating Margin	30.8%	13.0%	3.0%	-14.9%	39.5%
Interest Expense	$32M	$29M	$26M	$27M	$127M
Income Before Tax	-$98M	$49M	-$15M	-$134M	-$53M
Tax Expense	$6M	$2M	$1M	$1M	-$22M
Net Income	-$101M	$46M	-$16M	-$132M	-$31M
Net Margin	-31.3%	12.8%	-4.0%	-38.0%	-9.4%
EPS (Diluted)	$-0.79	$0.34	$-0.12	$-1.05	$-0.26
EBITDA	$102M	$113M	$36M	-$67M	$112M
Shares Outstanding	128M	129M	127M	127M	127M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$86M	$83M	$78M	$84M	$81M	$83M	$82M	$84M
Cost of Revenue	$47M	$29M	$32M	$49M	$51M	$41M	$53M	$42M
Gross Profit	$38M	$54M	$45M	$36M	$30M	$42M	$29M	$42M
Gross Margin	44.8%	64.8%	58.5%	42.4%	37.3%	50.1%	34.9%	50.3%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$8M	$0	$14M	$8M	$8M	-$30M	$9M	$0
Operating Expenses	$22M	$11M	$41M	$22M	$26M	$19M	$23M	$17M
Operating Income	$16M	$43M	$4M	$13M	$4M	$23M	$6M	$25M
Operating Margin	18.8%	51.9%	5.5%	15.9%	5.0%	27.6%	7.5%	29.4%
Interest Expense	$7M	$7M	$32M	$7M	$31M	$57M	$5M	$35M
Income Before Tax	$12M	-$21M	$4M	-$47M	-$1M	-$14M	$3M	-$25M
Tax Expense	$244K	$369K	$282K	-$22M	-$129K	$10K	$94K	-$5M
Net Income	$13M	-$20M	$5M	-$23M	$984K	-$14M	$5M	-$18M
Net Margin	14.9%	-23.7%	6.9%	-27.4%	1.2%	-17.3%	5.9%	-21.9%
EPS (Diluted)	$0.09	$-0.16	$0.04	$-0.19	$0.01	$-0.12	$0.03	$-0.15
EBITDA	$29M	$42M	$17M	-$29M	$11M	$25M	$17M	$23M
Shares Outstanding	130M	127M	130M	127M	130M	127M	129M	127M

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