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SelectQuote, Inc. (SLQT)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJun-30-22Jun-30-21Jun-30-20Jun-30-19Jun-05-19Jun-30-18
   10-K10-K10-K10-K/A8-K10-K
CASH FLOWS FROM OPERATING ACTIVITIES:        
    Net loss  -297.5124.979.572.6 34.9
    Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:        
        Depreciation and amortization  24.716.18.04.7 3.5
        Loss on disposal of property, equipment, and software  1.50.70.40.2 0.7
        Share-based compensation expense  7.15.29.50.1 0.1
        Deferred income taxes  -92.733.024.522.0 6.6
        Amortization of debt issuance costs and debt discount  5.53.32.30.1 0.1
        Write-off of debt issuance costs   2.60.2   
        Accrued interest payable in kind        
        Non-cash lease expense  4.13.8    
        Changes in operating assets and liabilities:        
            Accounts receivable  -25.7-20.0-13.4-8.7 -6.3
            Commissions receivable  7.3-332.9-197.4-91.6 -46.4
            Other assets  -10.94.8-3.4-3.0 0.4
            Accounts payable and accrued expenses  -4.519.715.72.8 3.1
            Operating lease liabilities  -5.1-3.8    
            Other liabilities  0.425.612.00.9 -1.5
                Net cash used in operating activities  -338.3-115.4-61.80.1 -4.8
   
CASH FLOWS FROM INVESTING ACTIVITIES:        
    Purchases of property and equipment  -24.8-14.9-9.4-3.9 -5.4
    Purchases of software and capitalized software development costs  -9.9-8.1-6.1-4.7 -0.6
    Acquisition of business  -6.9-41.0-35.8   
    Investment in equity securities  -1.0     
        Net cash used in investing activities  -42.6-64.0-51.4-8.6 -6.0
   
CASH FLOWS FROM FINANCING ACTIVITIES:        
    Proceeds from Revolving Credit Facility  50.0 88.0135.6 91.3
    Payments on Revolving Credit Facility  -50.0 -99.0-144.3 -76.0
    Proceeds from Term Loans  242.0     
    Payments on Term Loans     -1.4 -2.0
    Payments on other debt  -0.2-0.3-31.4   
    Proceeds from common stock options exercised and employee stock purchase plan  3.21.95.54.3 0.6
    Payments of tax withholdings related to net share settlement of equity awards  -0.1-10.4    
    Payments of debt issuance costs  -0.3-0.9-7.9-0.3 -0.1
    Payment of acquisition holdback  -5.5     
        Net cash (used in) provided by financing activities  235.497.0481.48.1 11.5
   
SUPPLEMENTAL CASH FLOW INFORMATION:        
    Interest paid, net  -38.0-26.0-23.5-1.5 -0.8
    Income taxes paid, net  -0.2-0.20.10.0 0.0

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