ADDED
As of February 6, 2026, there were 44,970,004 shares of the registrant s common stock, par value $0.01 per share, outstanding.
Management's Discussion and Analysis of Financial Condition and Results of Operations 34 Item 7A.
and worldwide economies; potential government shutdown and further funding lapses; litigation related to infringement or other claims regarding our services or content; our ability to defend ownership of our intellectual property; and global climate change.
(in thousands) FY 2025 FY 2024 Change Revenues $ 127,826 $ 141,926 (10) % Operating income (loss) $ (11,373) $ 6,325 n.m.
Net cash flows from operating activities $ 21,102 $ 21,045 % Fixed asset purchases $ (7,309) $ (13,932) (48) % Adjusted EBITDA (2) $ 35,103 $ 35,313 (1) % Adjusted EBITDA Margin (2) 27 % 25 % n.m.
(1) For the year ended December 31, 2025, net loss and diluted loss per share includes the net negative impact of non-cash stock-based compensation, restructuring, impairments, and severance, professional fees and related costs of $32.8 million ($26.7 million net of tax) and discrete tax items of $0.1 million, resulting in a net negative impact of $26.8 million, or $0.59 per diluted share.
For the year ended December 31, 2024, net income and diluted earnings per share includes the net negative impact of non-cash stock-based compensation, restructuring, impairment, gain on investment, and severance, professional fees, and related costs of $11.2 million ($8.5 million net of tax) and discrete tax items of $2.3 million, resulting in a net negative impact of $10.8 million, or $0.23 per diluted share.
The acquisition of AgileATS strengthened ClearanceJobs portfolio by introducing a new service offering that delivers an end-to-end solution in the government technology (GovTech) recruiting market, expanding the brand s total addressable market.
Meanwhile, Dice made significant advancements to its platform, substantially reducing legacy technical debt and enabling the launch of modern tools that empowers employer self-service and enhances job discovery and matching for candidates seeking technology roles.
Financial Performance In a year shaped by unprecedented macroeconomic volatility and a softened technology hiring market coupled with headwinds in government hiring, the Company experienced a revenue decline of 10% year-over-year.
REMOVED
As of January 31, 2025, there were 48,922,271 shares of the registrant s common stock, par value $0.01 per share, outstanding.
Management's Discussion and Analysis of Financial Condition and Results of Operations 33 Item 7A.
Summary Risk Factors Our business is subject to a number of risks that may prevent us from achieving our objectives, or may adversely affect our business, financial condition, operations, cash flows, and prospects.
and worldwide economies; litigation related to infringement or other claims regarding our services or content; our ability to defend ownership of our intellectual property; global climate change.
(in thousands) FY 2024 FY 2023 Change Revenues $ 141,926 $ 151,878 (7) % Operating income $ 6,325 $ 6,288 1 % Income before income taxes $ 2,950 $ 3,622 (19) % Net income (1) $ 253 $ 3,491 (93) % Net income margin % 2 % n.m.
Diluted earnings per share (1) $ 0.01 $ 0.08 (88) % Net cash flows from operating activities $ 21,045 $ 21,345 (1) % Adjusted EBITDA (2) $ 35,313 $ 36,254 (3) % Adjusted EBITDA Margin (2) 25 % 24 % n.m.
(1) For the year ended December 31, 2024, net income and diluted earnings per share includes the net negative impact of non cash stock-based compensation, restructuring, impairment, gain on investment and severance, professional fees and related costs of $11.2 million ($8.5 million net of tax), and discrete tax items of $2.3 million resulting in a net negative impact of $10.8 million, or $0.23 per diluted share.
For the year ended December 31, 2023, net income and diluted earnings per share includes the net negative impact of non cash stock-based compensation, restructuring, impairment, gain on investment and severance, professional fees and related costs of $12.2 million ($9.1 million net of tax), and discrete tax items of $1.1 million resulting in a net negative impact of $8.0 million, or $0.18 per diluted share.
Additionally, our two brands, ClearanceJobs and Dice, introduced a number of new products to increase engagement and connections between candidates and recruiters.
In recognition of DHI's culture of caring for employees, the Company received several employer awards.