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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Cano Health, Inc. (JWS)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Cash Flows (used in) from Operating Activities:          
    Net loss  -270.7-60.6-301.7-112.0-14.6-0.10.5-64.8
    Adjustments to reconcile net loss to net cash (used in) from operating activities:          
        Depreciation and amortization expense  27.327.226.425.319.819.018.717.0
        Change in fair value of contingent consideration  -11.8-4.14.50.9-5.8-4.7-7.5-3.9
        Change in fair value of warrant liabilities  1.7-2.0-81.265.7-30.2-27.2-58.314.7
        Loss on extinguishment of debt       1.4-0.1 
        Fixed asset abandonment  1.7       
        Amortization of debt issuance costs  1.41.11.11.20.80.70.7-4.4
        Non-cash lease expense  0.80.8-1.84.71.91.7  
        Stock-based compensation, net  2.09.412.111.017.813.814.99.5
        Paid in kind interest expense  5.32.1      
        Credit loss on other assets  62.0       
        Changes in operating assets and liabilities:          
            Accounts receivable, net  135.1-8.4-30.8-8.4-9.3-58.310.4-19.1
            Other assets  -0.5-0.1-0.83.710.2-3.1-6.7-3.9
            Prepaid expenses and other current assets  4.3-3.7-4.2-29.7-19.61.810.8-6.3
            Interest accrued due to sellers      0.00.10.30.3
            Accounts payable and accrued expenses  16.711.51.740.3-19.410.0-6.926.2
            Other liabilities  9.2-2.7-11.1-7.13.27.4-0.8-1.5
                Net cash (used in) provided by operating activities  -15.5-29.5-62.2-2.0-45.0-37.2-23.5-36.4
   
Cash Flows (used in) from Investing Activities:          
    Purchase of property and equipment  -6.2-5.1-10.5-18.6-12.7-7.8-11.1-15.5
    Acquisitions of subsidiaries including non-compete intangibles, net of cash acquired    -0.8 -1.5-3.5-4.8-451.1
    Payments to sellers  -2.1-4.4-4.7-0.3-1.7-2.2-2.4-0.2
        Net cash (used in) provided by investing activities  -8.2-9.5-16.0-18.9-15.8-13.5-18.4-466.8
   
Cash Flows (used in) from Financing Activities:          
    Payments of long-term debt  -1.6-1.6-1.6-1.6-1.6-1.6-1.6-253.7
    Debt issuance costs  0.0-9.2  0.0-0.1-0.9-5.2
    Proceeds from long-term debt   150.0     825.0
    Proceeds from CS Revolving Line of Credit  40.015.084.025.0   -175.0
    Repayments of CS Revolving Line of Credit  -30.0-99.0 -25.0   2.4
    Proceeds from insurance financing arrangements   2.7   2.50.0 
    Payments of principal on insurance financing arrangements  -0.7-0.7-0.5-0.7-0.7-0.7-0.3-0.4
    Other  -1.0-0.6  -2.10.4 0.1
        Net cash (used in) provided by financing activities  6.656.581.4-2.9-4.40.5-3.8392.8
    Net increase (decrease) in cash, cash equivalents and restricted cash  -17.217.63.2-23.8-65.2-50.1-45.7-110.4
   
Cash, cash equivalents and restricted cash at beginning of year          
Cash, cash equivalents and restricted cash at end of period          
Supplemental cash flow information:          
    Interest paid  15.325.223.010.623.14.513.816.2
    Income taxes paid    0.5 0.10.0 1.2
    Non-cash investing and financing activities:          
        Right-of-use assets obtained in exchange of lease liabilities  5.111.513.38.323.926.4  
        Issuance of Class A common stock for acquisitions  0.114.3-15.639.1 15.83.01.5
        Due to sellers in connection with acquisitions     -3.53.40.1 -0.3
        Addition to construction in process funded through accounts payable  0.00.9 -3.60.63.0  
        Humana Affiliate Provider clinic leasehold improvements  -0.10.4 -2.90.82.2 -2.9
        Employee Stock Purchase Plan issuance   1.1   9.7  
        Warrants issued   45.7      

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