Phoenix New Media Limited
Cash Flow Statement
| Line Item | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $56.0M | $104.0M | $-9.5M | $5.3M | $11.6M | $11.4M | $42.4M | $46.2M |
| Depreciation & Amortization | $6.0M | $11.1M | $4.7M | $5.5M | $6.0M | $7.0M | $5.9M | $5.2M |
| Depreciation | $5.0M | $5.1M | $4.3M | $4.9M | $5.4M | $5.9M | $5.1M | $4.7M |
| Amortization | $1.0M | $6.0M | $400.0K | $500.0K | $700.0K | $1.1M | $800.0K | $500.0K |
| Stock-Based Compensation | $1.4M | $2.9M | $2.0M | $3.2M | $273.0K | $5.3M | $8.6M | $2.8M |
| Net Cash from Operating Activities | $-15.8M | $-47.4M | $-11.2M | $26.6M | $29.3M | $34.1M | $44.1M | $57.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.9M | $12.0M | $8.1M | $4.3M | $4.2M | $6.7M | $5.7M | $4.8M |
| Business Acquisitions | — | $-17.4M | $9.0M | — | — | — | — | — |
| Net Cash from Investing Activities | $114.4M | $209.8M | $-16.7M | $-983.0K | $-78.2M | $-194.0M | $63.4M | $18.4M |
| Financing Activities | ||||||||
| Dividends Paid | $98.9M | $101.0M | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | $0 | $10.3M | $39.1M | $10.8M |
| Net Cash from Financing Activities | $-98.0M | $-160.1M | $-11.0M | $-2.5M | $31.3M | $9.9M | $-36.1M | $-10.7M |
| Net Change in Cash | $-5.4M | $-2.8M | $-37.2M | $21.9M | $-15.6M | $-150.5M | $71.0M | $64.7M |
| Free Cash Flow | $-17.7M | $-59.5M | $-19.3M | $22.3M | $25.1M | $27.4M | $38.4M | $52.6M |