Lemonade
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 Lemonade generated cash of -$119,100,000, which is more than the previous year. Cash used in financing activities reached the amount of $15,400,000 last year. Net change in cash is therefore -$15,000,000.
Cash Flow
| 2017 | -19.1M | -12.7M | 800K |
|---|---|---|---|
| 2018 | -40.8M | 6.4M | 119.9M |
| 2019 | -78.1M | -54M | 300.1M |
| 2020 | -91.7M | 50.1M | 341.1M |
| 2021 | -144.6M | -804.8M | 649.6M |
| 2022 | -163M | 181.1M | 3.6M |
| 2023 | -119.1M | 88.7M | 15.4M |
LMND Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 286.5M | 270.6M | 571.4M | 270.3M | 102.4M | 16.9M | 47.9M |
Operating activities | |||||||
Net income | -236.9M | -297.8M | -241.3M | -122.3M | -108.5M | -52.9M | -28.1M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 20M | 12.2M | 3.7M | 1.7M | 600K | 100K | 0 |
Stock-based compensation expense | 59.9M | 59.3M | 44.1M | 10.6M | 4.3M | 2.1M | 8.4M |
| Deferred income tax benefit | 59.9M | 59.3M | 44.1M | 10.6M | 4.3M | 2.1M | 8.4M |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | -32.1M | -96.4M | -88M | -62.9M | -37.6M | -28.9M | -5.7M |
Inventories | 54.8M | 0 | 121.2M | 68.1M | 64.7M | 38.9M | 0 |
Accounts payable | 4.3M | -700K | -400K | 700K | -800K | 200K | 0 |
Cash generated by operating activities | -119.1M | -163M | -144.6M | -91.7M | -78.1M | -40.8M | -19.1M |
Investing activities | |||||||
Purchases Of Investments | -395.2M | -270.1M | -842.8M | -17.8M | -72.7M | -13.8M | -28M |
Investments In Property Plant And Equipment | -9.2M | -10.1M | -9.4M | -4.4M | -3.3M | -700K | -300K |
Acquisitions Net | 0 | 98.8M | 795.4M | -54.5M | 1.9M | 0 | 0 |
Cash generated by investing activities | 88.7M | 181.1M | -804.8M | 50.1M | -54M | 6.4M | -12.7M |
Financing activities | |||||||
Common Stock Issued | 500K | 3.6M | 649.6M | 341.1M | 300.1M | 0 | 800K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 14.9M | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 15.4M | 3.6M | 649.6M | 341.1M | 300.1M | 119.9M | 800K |
Net Change In Cash | -15M | 15.9M | -300.8M | 301.1M | 167.9M | 85.5M | -31M |
Cash at end of period | 271.5M | 286.5M | 270.6M | 571.4M | 270.3M | 102.4M | 16.9M |
| Data source | Data source | Data source |