Matrix IT Ltd.
Cash Flow Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $36.9M | $37.0M | $40.5M | $29.3M | $25.2M | $20.3M | $19.9M | $15.4M |
| Depreciation & Amortization | — | — | — | $14.9M | $13.9M | $14.0M | $12.6M | $13.6M |
| Depreciation | — | — | — | $1.8M | $1.3M | $1.3M | $1.2M | $1.0M |
| Amortization | $13.3M | $13.5M | $13.6M | $13.1M | $12.6M | $12.8M | $11.4K | $12.6M |
| Stock-Based Compensation | — | — | — | $956.0K | — | $74.0K | $194.0K | $78.0K |
| Net Cash from Operating Activities | $74.8M | $69.0M | $56.6M | $37.8M | $52.3M | $45.9M | $24.1M | $25.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.5M | $1.6M | $4.4M | $1.4M | $2.8M | $1.4M | $863.0K | $1.4M |
| Business Acquisitions | — | — | — | $6.8M | $16.5M | $22.6M | $1.2M | $1.8M |
| Net Cash from Investing Activities | $-22.6M | $-27.6M | $-34.5M | $-16.9M | $-9.6M | $-15.4M | $-19.6M | $-7.3M |
| Financing Activities | ||||||||
| Dividends Paid | $21.6M | $30.8M | $24.8M | $21.8M | $12.5M | $15.0M | $13.5M | $9.4M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-45.1M | $-17.3M | $-18.3M | $-20.7M | $-39.6M | $-37.0M | $8.4M | $-19.4M |
| Net Change in Cash | $6.8M | $22.9M | $-5.0M | $-37.0K | $6.2M | $-5.2M | $11.1M | $762.0K |
| Free Cash Flow | $73.3M | $67.4M | $52.2M | $36.4M | $49.5M | $44.6M | $23.2M | $24.1M |