Driven Brands Holdings
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Driven Brands Holdings generated cash of $235,167,000, which is more than the previous year. Cash used in financing activities reached the amount of $170,699,000 last year. Net change in cash is therefore -$45,057,000.
Cash Flow
| 2018 | 38.75M | -17.79M | -9.49M |
|---|---|---|---|
| 2019 | 41.37M | -482.42M | 446.53M |
| 2020 | 83.98M | -57.31M | 118.64M |
| 2021 | 283.82M | -814.93M | 885.53M |
| 2022 | 197.17M | -840.28M | 343.36M |
| 2023 | 235.16M | -451.40M | 170.69M |
DRVN Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 260.77M | 562.79M | 207.80M | 58.02M | 52.66M | 41.01M |
Operating activities | ||||||
Net income | -729.28M | 43.17M | 9.53M | -4.21M | 7.75M | 7.06M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 175.29M | 147.15M | 112.77M | 62.11M | 24.22M | 19.84M |
Stock-based compensation expense | 15.3M | 20.58M | 4.30M | 1.32M | 1.19M | 1.19M |
| Deferred income tax benefit | 15.3M | 20.58M | 4.30M | 1.32M | 1.19M | 1.19M |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 13.56M | -58.83M | -35.91M | -11.78M | -7.17M | 2.14M |
Inventories | -11.73M | -22.71M | -5.72M | -2.90M | -5.45M | -269K |
Accounts payable | 7.39M | -34.63M | 6.90M | -4.45M | 13.84M | -9.09M |
Cash generated by operating activities | 235.16M | 197.17M | 283.82M | 83.98M | 41.37M | 38.75M |
Investing activities | ||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -596.47M | -439.58M | -160.76M | -52.45M | -28.23M | -22.15M |
Acquisitions Net | -49.58M | -763.06M | -799.3M | -105.03M | -454.19M | 4.35M |
Cash generated by investing activities | -451.40M | -840.28M | -814.93M | -57.31M | -482.42M | -17.79M |
Financing activities | ||||||
Common Stock Issued | 0 | 340K | 761.23M | 2.60M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | -163M | -52.98M |
Repurchases of common stock | -49.95M | 0 | -43.04M | 0 | 0 | 0 |
Repayments of term debt | 214.86M | 337.71M | -188.54M | -881.60M | 623.51M | -217.37M |
Cash used in financing activities | 170.69M | 343.36M | 885.53M | 118.64M | 446.53M | -9.49M |
Net Change In Cash | -45.05M | -302.01M | 354.98M | 149.78M | 5.35M | 11.65M |
Cash at end of period | 215.71M | 260.77M | 562.79M | 207.80M | 58.02M | 52.66M |
| Data source | Data source | Data source | Data source |