System1
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 System1 generated cash of -$24,742,000, which is less than the previous year. Cash used in financing activities reached the amount of -$74,072,000 last year. Net change in cash is therefore $104,375,000.
Cash Flow
| 2018 | 17.28M | -79.83M | 69.59M |
|---|---|---|---|
| 2019 | 32.71M | -42.75M | 26.14M |
| 2020 | 46.54M | 68.16M | -128.07M |
| 2021 | -1.24M | -6.53M | 450K |
| 2022 | -7.28M | -454.45M | -27.72M |
| 2023 | -24.74M | 203.17M | -74.07M |
SST Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 39.07M | 47.89M | 843.64K | 42.82M | 26.87M | 19.82M |
Operating activities | ||||||
Net income | -174.32M | -321.58M | 21.02M | 16.36M | 24.24M | 3.68M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 105.20M | 70.46M | 13.88M | 13.83M | 11.24M | 5.31M |
Stock-based compensation expense | 53.08M | 79.21M | 413K | 1.19M | 1.76M | 2.48M |
| Deferred income tax benefit | 53.08M | 79.21M | 413K | 1.19M | 1.76M | 2.48M |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 20.85M | 15.72M | -19.06M | 6.83M | -10.95M | -23.25M |
Inventories | 0 | 0 | 19.06M | 34K | -2.37M | 0 |
Accounts payable | -6.79M | -65.47M | 11.94M | 4.23M | 3.73M | 30.70M |
Cash generated by operating activities | -24.74M | -7.28M | -1.24M | 46.54M | 32.71M | 17.28M |
Investing activities | ||||||
Purchases Of Investments | 0 | 0 | 0 | -517.5M | 0 | 0 |
Investments In Property Plant And Equipment | -7.96M | -10.37M | -6.53M | -6.13M | -6.69M | -5.28M |
Acquisitions Net | 211.13M | -444.07M | 0 | 74.54M | -35.94M | -74.42M |
Cash generated by investing activities | 203.17M | -454.45M | -6.53M | 68.16M | -42.75M | -79.83M |
Financing activities | ||||||
Common Stock Issued | 0 | 0 | 227K | 518.74M | 0 | 0 |
Payments for dividends | -97K | -1.51M | -14.57M | -46.54M | -8.65M | -6.02M |
Repurchases of common stock | -3.06M | -511.59M | -227K | -518.74M | 0 | 0 |
Repayments of term debt | -68.97M | 262.51M | -13.13M | -98.28M | 28.62M | -13.67M |
Cash used in financing activities | -74.07M | -27.72M | 450K | -128.07M | 26.14M | 69.59M |
Net Change In Cash | 104.37M | -33.27M | -790.49K | -13.81M | 15.95M | 7.04M |
Cash at end of period | 143.45M | 14.62M | 53.14K | 29.01M | 42.82M | 26.87M |
| Data source | Data source | Data source | Data source |