UPLAND SOFTWARE, INC.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-18.7M | $-13.5M | $-13.7M | $-20.1M | $-9.2M | $-2.5M |
| Depreciation & Amortization | $11.9M | $9.8M | $8.5M | $7.5M | $5.6M | $2.8M |
| Depreciation | — | — | — | — | — | — |
| Amortization | $9.6M | $7.2M | $6.1M | $5.2M | $4.8M | $2.4M |
| Stock-Based Compensation | $10.0M | $4.3M | $2.7M | $1.1M | $498.0K | $92.0K |
| Net Cash from Operating Activities | $7.7M | $3.9M | $-1.5M | $1.2M | $-239.0K | $1.6M |
| Investing Activities | ||||||
| Capital Expenditures | $396.0K | $670.0K | $956.0K | $861.0K | $263.0K | $274.0K |
| Business Acquisitions | $110.3M | $12.2M | $7.7M | $6.2M | $28.2M | $33.0M |
| Net Cash from Investing Activities | $-110.8M | $-13.2M | $-9.4M | $-7.1M | $-28.6M | $-33.3M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $96.2M | $19.5M | $-1.2M | $32.4M | $29.6M | $24.3M |
| Net Change in Cash | $-6.4M | $10.3M | $-12.5M | $26.3M | $811.0K | $-7.5M |
| Free Cash Flow | $7.3M | $3.2M | $-2.5M | $316.0K | $-502.0K | $1.3M |