Veeva Systems Inc.
Cash Flow Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $151.2M | $77.6M | $54.5M | $40.4M | $23.6M | $18.8M | $4.2M |
| Depreciation & Amortization | $14.3M | $13.8M | $8.5M | $3.9M | $2.4M | $789.0K | $407.0K |
| Depreciation | $5.9M | $4.9M | $3.1M | $1.4M | $900.0K | $500.0K | $300.0K |
| Amortization | $7.8M | $8.2M | $4.3M | $1.7M | $1.0M | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $233.4M | $144.0M | $80.2M | $67.6M | $41.8M | $30.8M | $4.7M |
| Investing Activities | |||||||
| Capital Expenditures | $9.6M | $6.9M | $21.2M | $26.5M | $1.9M | $964.0K | $650.0K |
| Business Acquisitions | $0 | — | $126.2M | — | $12.1M | — | — |
| Net Cash from Investing Activities | $-154.5M | $-96.8M | — | — | $-26.6M | $-16.4M | $-1.7M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $20.8M | $38.0M | — | — | $215.4M | $575.0K | $49.0K |
| Net Change in Cash | $102.6M | $85.4M | $2.9M | $-133.3M | $230.6M | $15.0M | $3.1M |
| Free Cash Flow | $223.8M | $137.1M | $59.0M | $41.0M | $39.9M | $29.8M | $4.1M |