Qualys, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $40.4M | $19.2M | $19.2M | $30.2M | $1.5M | $2.2M | $2.0M | $847.0K |
| Depreciation & Amortization | $20.6M | $17.0M | $14.4M | $11.9M | $9.6M | $7.3M | $5.4M | $4.6M |
| Depreciation | $19.9M | — | — | — | — | — | — | — |
| Amortization | $700.0K | $400.0K | $400.0K | $400.0K | $400.0K | $400.0K | $400.0K | $100.0K |
| Stock-Based Compensation | $27.0M | $20.1M | $17.5M | $10.5M | $5.5M | $3.5M | $2.1M | $1.9M |
| Net Cash from Operating Activities | $107.6M | $69.3M | $66.0M | $41.4M | $25.1M | $21.9M | $17.2M | $9.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $37.8M | $23.2M | $20.1M | $13.9M | $13.7M | $11.2M | $7.5M | $1.5M |
| Business Acquisitions | $12.5M | $0 | $0 | $0 | $0 | $1.0M | $0 | $2.8M |
| Net Cash from Investing Activities | $-118.2M | $-96.5M | $-61.3M | $-14.3M | $-20.7M | $-94.8M | $-7.5M | $-4.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $0 | — | — | — | — | — | — |
| Net Cash from Financing Activities | $10.4M | $23.4M | $10.6M | $7.1M | $3.1M | $83.2M | $-10.0K | $-547.0K |
| Net Change in Cash | $-146.0K | $-5.0M | $15.2M | $34.1M | $7.5M | $10.3M | $9.5M | $5.1M |
| Free Cash Flow | $69.8M | $46.1M | $45.9M | $27.5M | $11.4M | $10.7M | $9.7M | $8.4M |