Perdoceo Education Corporation
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 | $38.4M | $39.4M | $17.2M | $41.3M | $54.7M | $34.5M | $16.0M | $22.1M |
| Depreciation & Amortization | $3.1M | $3.0M | $3.4M | $3.9M | $4.4M | $5.2M | $4.9M | $5.1M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $2.3M | $2.3M | $1.4M | $2.3M | $2.0M | $2.3M | $2.5M | $1.9M |
| Net Cash from Operating Activities | $38.5M | $54.5M | $13.2M | $32.6M | $61.6M | $4.6M | $40.5M | $52.9M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | $45.3M | $32.0M |
| Net Cash from Investing Activities | $-29.3M | $-30.8M | $-57.3M | $-721.0K | $-9.1M | $-21.4M | $-71.0M | $-46.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | $7.2M | — | — | — | — | — | — |
| Stock Repurchases | $0 | $6.8M | $5.6M | $0 | $1.9M | $815.0K | $0 | $7.4M |
| Net Cash from Financing Activities | $-7.1M | $-15.9M | $-11.0M | $-7.8M | $-1.8M | $-2.8M | $70.0K | $-7.4M |
| Net Change in Cash | $2.1M | $7.8M | $-55.1M | $24.1M | $50.7M | $-19.6M | $-30.4M | $-629.0K |
| Free Cash Flow | — | — | — | — | — | — | — | — |