Certara, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-1.6M | $-12.1M | $-55.4M | $14.7M | $-13.3M | $-49.4M | $-8.9M |
| Depreciation & Amortization | $75.2M | $68.0M | $56.1M | $1.7M | $2.1M | $2.4M | $2.6M |
| Depreciation | $2.2M | $2.0M | $1.6M | — | — | — | — |
| Amortization | $73.0M | $66.0M | $54.5M | $50.7M | $43.0M | $40.3M | $39.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $96.3M | $80.5M | $82.8M | $92.5M | $60.4M | $44.8M | $38.0M |
| Investing Activities | |||||||
| Capital Expenditures | $1.8M | $1.6M | $1.8M | $1.4M | $1.1M | $863.0K | $2.1M |
| Business Acquisitions | $0 | $91.3M | $64.2M | $15.3M | $261.0M | $675.0K | — |
| Net Cash from Investing Activities | $-26.6M | $-112.4M | $-79.6M | $-27.8M | $-269.9M | $-8.6M | $-9.5M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $42.6M | $0 | $0 | — | — | $1.1M | $703.0K |
| Net Cash from Financing Activities | $-64.0M | $-21.0M | $-9.4M | $-7.4M | $123.4M | $208.2M | $-8.5M |
| Net Change in Cash | $10.2M | $-55.8M | $-4.7M | $53.1M | $-86.7M | $243.5M | $17.6M |
| Free Cash Flow | $94.6M | $78.8M | $81.0M | $91.1M | $59.2M | $43.9M | $35.9M |
Go for a business that any idiot can run – because sooner or later any idiot probably is going to be running it.