Growing Where Technology Matters Most
Cash Flow Overview ($M)
9 Months ended
Condensed Consolidated Statements of Cash Flows
Q1-21 Q2-21
Q3-21
Q4-21
Q1-22 Q2-22 Q3-22 Q4-22
Q1-23
Q2-23 Q3-23
2021
2022
2023
Cash flows from operating activities
Net Income
3.3
7.1
10.6
17.7
15.5
19.5
25.6
38.7
23.8
21.4
32.8
21.0
60.5
78.0
Adjustments required to reconcile net income to net cash
10.2
7.5
3.6
11.1
8.1
6.2
9.1
(0.5)
(6.0) 26.0
7.3
21.3
23.4
27.2
Net cash provided by operating activities
13.5
14.6
14.2
28.8
23.6
25.7
34.7
38.2
17.8
47.4
40.1
42.3
83.9
105.2
Investing activities
Deposits, marketable securities and other
(43.4)
Cash paid in connection with acquisitions, net of cash acquired
0.0
(3.4)
(27.2) 22.9
0.0
(157.2)
(32.7)
(1.2)
31.3
(34.7)
(49.4) 5.0
(28.2)
(47.8) (2.6)
(72.7)
(35.0) (3.4)
(6.2)
0.0
0.0
0.0
0.0
0.0
(3.4) (9.6) 0.0
Net cash provided by (used in) investing activities
(43.4)
(30.6) 22.9
(192.2) (36.1)
(7.3)
31.3
(34.7)
(49.4)
5.0 (28.2)
(51.2)
(12.1) (72.7)
Financing activities
Net cash provided by (used in) financing activities
54.3
2.2
1.1
171.5
0.9
(8.7)
3.1
1.4
(11.2)
0.1
0.2
57.6
(4.7) (10.9)
Effect of exchange rate changes on cash and cash equivalents and restricted cash
0.0
0.0
0.0
0.0
0.0
(0.1)
(0.1)
0.2
0.1
0.0
(0.1)
0.0
(0.3)
0.0
Net increase (decrease) in cash and cash equivalents and restricted cash
24.3
(13.8)
38.1
8.1
(11.6) 9.5
69.0
5.1
(42.8) 52.5
11.9
48.6
66.9
21.7
Cash and cash equivalents and restricted cash at beginning of period
Cash and cash equivalents and restricted cash at end of period
48.9
73.2
59.4
97.4
105.5
94.0
103.4
172.4
177.5 134.7 187.2
48.9
105.5
177.5
73.2
59.4
97.4
105.5
94.0
103.4
172.4
177.5
134.7
187.2
199.2
97.4
172.4
199.2
Numbers may not add due to rounding
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