Maximus, Inc.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $89.8M | $80.5M | $64.1M | $59.1M | $30.9M | $31.8M | $40.0M | $69.1M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $23.5M | $21.6M | $23.3M | $24.0M | $23.4M | $23.7M | $23.5M | $22.5M |
| Stock-Based Compensation | $9.5M | $8.7M | $9.4M | $7.3M | $8.3M | $9.5M | $4.4M | $8.4M |
| Net Cash from Operating Activities | $199.3M | $130.5M | $21.6M | $144.6M | $-5.3M | $309.7M | $-134.7M | $120.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $34.7M | $25.3M | $22.2M | $31.8M | $25.1M | $18.1M | $15.7M | $20.2M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-34.7M | $-42.0M | $-20.4M | $-31.2M | $-25.1M | $-8.9M | $-15.7M | $-5.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $47.3M | $0 | $0 | $0 | $0 | $0 | $0 | $22.3M |
| Net Cash from Financing Activities | $-135.3M | $-122.9M | $28.4M | $-81.9M | $2.8M | $-342.6M | $171.0M | $-85.0M |
| Net Change in Cash | $29.5M | $-35.2M | $31.4M | $30.4M | $-27.0M | $-41.1M | $23.0M | $26.2M |
| Free Cash Flow | $164.6M | $105.2M | $-639.0K | $112.8M | $-30.4M | $291.6M | $-150.4M | $99.9M |