PROGRESS SOFTWARE CORP /MA
Cash Flow Statement
| Line Item | May 2024 | Feb 2024 | Nov 2023 | Aug 2023 | May 2023 | Feb 2023 | Nov 2022 | Aug 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $16.2M | $22.6M | $15.3M | $19.1M | $12.1M | $23.7M | $23.7M | $21.8M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $1.6M | $1.6M | $1.7M | $1.5M | $1.5M | $1.7M | $1.3M | $1.3M |
| Amortization | $23.7M | $25.2M | $25.5M | $25.7M | $25.5M | $19.9M | $16.9M | $17.3M |
| Stock-Based Compensation | $12.0M | $12.5M | $10.4M | $10.1M | $10.3M | $9.8M | $11.0M | $8.6M |
| Net Cash from Operating Activities | $63.7M | $70.5M | $33.2M | $46.0M | $48.0M | $46.8M | $40.1M | $39.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $955.0K | $309.0K | $2.4M | $1.2M | $1.6M | $385.0K | $3.0M | $1.1M |
| Business Acquisitions | $0 | $0 | $0 | $-846.0K | $275.0K | $355.8M | $0 | $0 |
| Net Cash from Investing Activities | $-955.0K | $-309.0K | $-2.4M | $-366.0K | $13.4M | $-371.1M | $-2.3M | $-673.0K |
| Financing Activities | ||||||||
| Dividends Paid | $8.0M | $8.2M | $7.9M | $7.8M | $7.8M | $8.0M | $7.7M | $7.8M |
| Stock Repurchases | $49.9M | $22.5M | $4.0M | $0 | $15.0M | $15.0M | $1.5M | $24.1M |
| Net Cash from Financing Activities | $-5.4M | $-62.4M | $-42.3M | $-35.5M | $-45.8M | $174.8M | $-7.9M | $-30.9M |
| Net Change in Cash | $57.2M | $6.3M | $-11.0M | $12.5M | $17.6M | $-148.3M | $32.2M | $-748.0K |
| Free Cash Flow | $62.7M | $70.2M | $30.8M | $44.8M | $46.4M | $46.4M | $37.1M | $38.6M |