HealthEquity, Inc.
Cash Flow Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $47.4M | $26.4M | $16.6M | $10.2M | $1.2M | $11.2M |
| Depreciation & Amortization | $16.0M | $13.2M | $8.6M | $5.9M | $4.3M | $3.4M |
| Depreciation | $2.8M | $2.0M | $1.5M | $1.1M | $728.0K | $638.0K |
| Amortization | $13.2M | $11.2M | $7.1M | $4.8M | $3.5M | $2.7M |
| Stock-Based Compensation | $14.3M | $8.4M | $5.9M | $2.5M | $57.0K | $47.0K |
| Net Cash from Operating Activities | $81.7M | $45.6M | $26.5M | $15.0M | $18.0M | $11.8M |
| Investing Activities | ||||||
| Capital Expenditures | $5.5M | $3.6M | $2.4M | $1.7M | $1.6M | $831.0K |
| Business Acquisitions | $2.9M | $0 | $0 | — | — | — |
| Net Cash from Investing Activities | $-36.7M | $-13.1M | $-90.6M | $-8.4M | $-4.6M | $-3.5M |
| Financing Activities | ||||||
| Dividends Paid | — | $0 | $0 | $50.3M | $694.0K | $0 |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $14.6M | $23.8M | $36.6M | $90.5M | $-5.4M | $-7.5M |
| Net Change in Cash | $59.5M | $56.3M | $-27.4M | $97.1M | $8.0M | $775.0K |
| Free Cash Flow | $76.2M | $41.9M | $24.2M | $13.3M | $16.4M | $10.9M |