STEPSTONE GROUP INC.
Cash Flow Statement
| Line Item | Sep 2023 | Jun 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Dec 2021 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $26.2M | $21.3M | $-6.9M | $-29.2M | $-11.0M | $48.3M | $62.1M | $41.7M |
| Depreciation & Amortization | — | $12.0M | — | — | $11.5M | — | — | $1.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $10.7M | $10.7M | $10.9M | $10.9M | $10.9M | $11.0M | $1.9M | $600.0K |
| Stock-Based Compensation | — | $8.5M | — | — | $3.7M | — | — | $3.7M |
| Net Cash from Operating Activities | — | $57.6M | — | — | $57.5M | — | — | $75.7M |
| Investing Activities | ||||||||
| Capital Expenditures | — | $7.8M | — | — | $348.0K | — | — | $1.2M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-14.5M | — | — | $-7.6M | — | — | $-5.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | $28.3M | — | — | $12.2M | — | — | $0 |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | $-44.0M | — | — | $-60.7M | — | — | $-31.2M |
| Net Change in Cash | — | $-1.6M | — | — | $-10.1M | — | — | $38.7M |
| Free Cash Flow | — | $49.8M | — | — | $57.1M | — | — | $74.5M |
Know what you own, and know why you own it.