Happen, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $135.7M | $51.3M | $38.9M | $289.7M | $18.6M | $-187.5M | $-30.7M | $-128.3M |
| Depreciation & Amortization | $62.9M | $58.8M | $47.2M | $43.8M | $44.3M | $54.0M | $62.2M | $54.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $3.2M | $3.5M | $4.2M | $4.8M | $5.2M | $3.1M | $3.5M | $3.9M |
| Stock-Based Compensation | $34.3M | $40.1M | $52.4M | $66.4M | $66.8M | $61.5M | $73.6M | $75.1M |
| Net Cash from Operating Activities | $-2.73B | $-2.63B | $-1.14B | $375.6M | $239.9M | $418.0M | $-270.6M | $-639.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $140.3M | $54.3M | $59.5M | $69.5M | $34.4M | $31.1M | $50.7M | $53.0M |
| Business Acquisitions | — | — | $0 | $0 | $145.3M | $0 | $0 | — |
| Net Cash from Investing Activities | $1.93B | $607.8M | $516.7M | $-2.81B | $-454.4M | $565.8M | $653.8M | $878.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | $0 | $0 | $50.2M | $0 | $0 |
| Stock Repurchases | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Financing Activities | $747.8M | $1.71B | $789.6M | $2.80B | $349.6M | $-842.4M | $-540.1M | $-239.2M |
| Net Change in Cash | $-47.0M | $-316.8M | $169.7M | $360.9M | $135.1M | $141.4M | $-156.9M | $-231.0K |
| Free Cash Flow | $-2.87B | $-2.69B | $-1.20B | $306.1M | $205.5M | $386.9M | $-321.3M | $-692.7M |