Varonis Systems
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 Varonis Systems generated cash of $59,416,000, which is more than the previous year. Cash used in financing activities reached the amount of -$53,400,000 last year. Net change in cash is therefore -$137,060,000.
Cash Flow
| 2014 | -7.11M | -32.82M | 106.89M |
|---|---|---|---|
| 2015 | -2.72M | -26.67M | 2.05M |
| 2016 | 7.34M | -12.34M | 4.07M |
| 2017 | 16.35M | -20.00M | 12.08M |
| 2018 | 23.54M | -40.18M | 8.11M |
| 2019 | -10.68M | 33.30M | -2.39M |
| 2020 | -5.84M | -54.74M | 225.75M |
| 2021 | 7.17M | 54.37M | 510.11M |
| 2022 | 11.87M | -374.25M | -75.58M |
| 2023 | 59.41M | -143.07M | -53.4M |
VRNS Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 367.8M | 805.76M | 234.09M | 68.92M | 48.70M | 57.23M | 48.80M | 49.24M | 76.59M | 9.63M |
Operating activities | ||||||||||
Net income | -100.91M | -124.51M | -116.86M | -94.01M | -78.76M | -28.57M | -13.69M | -17.71M | -21.28M | -19.39M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 11.70M | 12.17M | 10.88M | 9.90M | 15.34M | 4.15M | 3.32M | 2.18M | 1.61M | 1.28M |
Stock-based compensation expense | 139.81M | 142.86M | 109.77M | 68.58M | 46.13M | 0 | 19.83M | 12.93M | 7.79M | 4.66M |
| Deferred income tax benefit | 139.81M | 142.86M | 109.77M | 68.58M | 46.13M | 0 | 19.83M | 12.93M | 7.79M | 4.66M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -33.13M | -18.8M | -22.95M | -19.07M | 8.17M | -7.62M | -21.73M | -6.42M | -9.56M | -9.60M |
Inventories | -26.84M | 0 | 8.32M | 22.44M | -1.71M | 6.68M | 10.40M | 4.28M | 7.17M | 6.35M |
Accounts payable | -2.29M | -2.36M | 4.47M | -328K | -1.62M | 1.98M | -653K | -1.32M | -91K | 540K |
Cash generated by operating activities | 59.41M | 11.87M | 7.17M | -5.84M | -10.68M | 23.54M | 16.35M | 7.34M | -2.72M | -7.11M |
Investing activities | ||||||||||
Purchases Of Investments | -653.77M | -420.43M | -50M | -22.67M | -1.76M | -30.31M | -14.40M | -8.39M | -22.00M | -30.75M |
Investments In Property Plant And Equipment | -5.09M | -11.39M | -10.49M | -10.11M | -25.39M | -9.58M | -5.31M | -3.82M | -4.53M | -2.33M |
Acquisitions Net | 0 | 21K | -30.75M | -29.36M | 11K | 0 | 20K | 0 | 4K | 0 |
Cash generated by investing activities | -143.07M | -374.25M | 54.37M | -54.74M | 33.30M | -40.18M | -20.00M | -12.34M | -26.67M | -32.82M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 500.03M | 9.79M | -2.39M | 0 | 12.08M | 0 | 2.05M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -43.52M | -56.44M | -1.04M | -502K | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | -245.30M | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | -53.4M | -75.58M | 510.11M | 225.75M | -2.39M | 8.11M | 12.08M | 4.07M | 2.05M | 106.89M |
Net Change In Cash | -137.06M | -437.96M | 571.66M | 165.16M | 20.22M | -8.52M | 8.43M | -926K | -27.35M | 66.96M |
Cash at end of period | 230.74M | 367.8M | 805.76M | 234.09M | 68.92M | 48.70M | 57.23M | 48.31M | 49.24M | 76.59M |
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