Financials
Cash flow
| Fiscal date | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Operating activities | -22.0M | -44.0M | 62.4M | -45.8M |
| Net income | 117.6M | 79.2M | 52.2M | 45.8M |
| Depreciation | — | — | — | — |
| Deferred taxes | 2.1M | -2.8M | -3.5M | 641K |
| StockBased compensation | 16.7M | 14.9M | 11.6M | 5.6M |
| Other non cash items | — | — | — | 106K |
| Accounts receivable | -162.1M | -182.3M | -111.1M | -91.8M |
| Accounts payable | 37.6M | 51.3M | 114.1M | 14.3M |
| Other assets liabilities | -33.9M | -4.3M | -787K | -20.5M |
| Investing activities | -298.0M | -121.7M | -151.2M | -53.4M |
| Capital expenditures | -243K | -15K | -313K | -18K |
| Net intangibles | -2.5M | — | -15K | -11K |
| Net acquisitions | -5.5M | -8.5M | -15K | -11K |
| Purchase of investments | -601.6M | -234.7M | -392.6M | -216.6M |
| Sale of investments | 310.9M | 120.6M | 242.7M | 161.8M |
| Other investing activity | -1.5M | 950K | -950K | 1.5M |
| Financing activities | 65.9M | -6.0M | 2.0M | -15.9M |
| Long term debt issuance | 115.7M | — | — | — |
| Long term debt payments | -52.6M | — | — | 0 |
| Short term debt issuance | — | 16.2M | 36.4M | 0 |
| Common stock issuance | — | — | 0 | 0 |
| Common stock repurchase | 0 | -22.3M | -34.4M | -15.9M |
| Common dividends | — | — | — | 0 |
| Other financing charges | 2.8M | 90K | — | — |
| End cash position | 80.5M | 51.9M | 68.2M | 50.4M |
| Income tax paid | 38.5M | 21.1M | 18.9M | 2.1M |
| Interest paid | 1.0M | 3.7M | 704K | 0 |
| Free cash flow | 252.6M | 109.3M | 163.6M | 83.0M |