E2open Results Presentation Deck
Fourth Quarter FY 2023 Adjusted Free Cash Flow
e2open
(in millions)
GAAP operating cash flow
Add: Non-recurring cash payments (¹)
Add: Change in channel client deposits payable (2)
Adjusted operating cash flow
Capital expenditures
Less: M&A related capital expenditures (3)
Normalized capital expenditures
Adjusted free cash flow
Q1
$24.9
16.0
(7.9)
$33.0
(19.3)
9.2
(10.1)
$22.9
Q2
($22.7)
4.4
9.5
($8.7)
(12.3)
4.6
(7.7)
($16.4)
Q3
$41.0
5.4
4.3
$50.7
(8.9)
3.1
(5.8)
$44.9
Q4
$24.9
3.0
1.8
$29.8
(7.6)
3.6
(4.0)
$25.8
FY2023
$68.1
28.9
7.8
$104.8
(48.1)
20.6
(27.5)
$77.3
(1) Includes cash payments related to non-recurring M&A and one-time costs
(2) Channel Client Deposits Payable represents client deposits for the incentive payment program associated with the Company's channel
shaping application. The Company offers services to administer incentive payments to partners on behalf of the Company's clients. The
Company's clients deposit these funds into a restricted cash account with an offset included as a liability in incentive program payable in the
Consolidated Balance Sheets.
(3) Primarily includes hardware and software purchases for integrating data center operations of newly acquired companies
16View entire presentation