TTEC Holdings, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-192.5M | $-321.0M | $8.4M | $103.2M | $141.0M | $118.6M | $77.2M | $35.8M |
| Depreciation & Amortization | $89.8M | $98.0M | $101.3M | $111.8M | $96.7M | $78.9M | $69.1M | $69.2M |
| Depreciation | $53.9M | $61.2M | $64.2M | $64.5M | $63.5M | $62.7M | $57.5M | $58.4M |
| Amortization | $30.9M | $33.0M | $35.6M | $37.1M | $32.0M | $16.2M | $11.6M | $10.8M |
| Stock-Based Compensation | $13.4M | $18.7M | $22.1M | $17.6M | $16.4M | $12.5M | $12.8M | $12.1M |
| Net Cash from Operating Activities | $121.1M | $-58.8M | $144.8M | $137.0M | $251.3M | $271.9M | $238.0M | $168.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $38.1M | $45.2M | $67.8M | $84.0M | $60.4M | $59.8M | $60.8M | $43.5M |
| Business Acquisitions | — | $0 | $0 | $142.4M | $481.7M | $52.7M | $102.5M | $2.0M |
| Net Cash from Investing Activities | $-33.6M | $477.0K | $-67.6M | $-226.2M | $-542.0M | $-112.4M | $-162.9M | $-47.6M |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $2.8M | $49.2M | $48.1M | $42.2M | $134.6M | $28.7M | $25.3M |
| Stock Repurchases | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Financing Activities | $-83.3M | $-38.3M | $-68.2M | $89.0M | $319.6M | $-112.2M | $-47.4M | $-102.1M |
| Net Change in Cash | $-2.1M | $-88.9M | $6.8M | $-13.6M | $21.7M | $53.4M | $27.4M | $3.8M |
| Free Cash Flow | $83.0M | $-104.0M | $76.9M | $53.0M | $190.9M | $212.1M | $177.2M | $124.9M |