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Such statements may include, but may not be limited to: expectations of financial or operational performance, including the potential effects of macroeconomic uncertainties, such as those resulting from inflation and the recently implemented U.S. tariffs on our business; our expectations regarding our clients anticipated investments in technology initiatives, both from a volume and timing persp…
Operating margin is thin at 3.77%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 5.4% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 41% versus the prior year, cash generation momentum has weakened. ROIC dropped from 30.49% to 24.44%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$1.33B
▼ -5.4% YoY
Net Income (TTM)
$35M
▼ -30.9% YoY
Op. Margin
3.80%
▼ -1.2pp YoY
ROIC
26.39%
▼ -6.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$43M
▼ -41.0% YoY
Op. Cash Flow (TTM)
$57M
▼ -29.0% YoY
Net Debt
$15M
Cash & Equiv.
$1M
5Y CAGR: -1.0%
5Y CAGR: -14.5%
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