← Upland Software, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($13.5m) |
($18.7m)
-38.57%
|
($10.8m)
+42.11%
|
($45.4m)
-318.59%
|
($51.2m)
-12.89%
|
($58.2m)
-13.65%
|
($68.4m)
-17.52%
|
($179.9m)
-162.92%
|
($112.7m)
+37.33%
|
($38.9m)
+65.49%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($13.5m) | — | — | — | — | — | ($70.3m) |
($185.2m)
-163.63%
|
($118.3m)
+36.12%
|
($44.8m)
+62.18%
|
— | |
| Depreciation, Depletion and Amortization | $9.8m | $11.9m | $21.3m | $34.6m | $47.2m | $52.9m | $56.1m | $72.0m | $55.0m | $32.1m | $29.1m | |
| Amortization of Intangible Assets | $7.2m | $9.6m | $19.0m | $32.4m | $44.9m | $50.9m | $54.6m | $70.6m | $53.8m | $31.2m | — | |
| Other Depreciation and Amortization | $2.7m | $2.6m | $2.3m | $2.2m | $2.2m | $2.0m | $1.5m | $1.4m | $1.2m | $1.0m | — | |
| Deferred Income Tax Expense (Benefit) | $529k | ($262k) | ($12.6m) | ($9.2m) | ($7.1m) | ($11.1m) | ($7.5m) | ($5.0m) | ($3.6m) | ($5.3m) | ($2.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $4.3m | $10.0m | $14.1m | $25.8m | $41.7m | $53.9m | $41.6m | $22.9m | $15.3m | $9.1m | $7.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $3.4m | $9.4m | $12.7m | $2.1m | $982k | $1.6m | $1.1m | $2.6m | $1.1m | — | |
| Share-based Payment Arrangement, Expense | $4.3m | $10.0m | $14.1m | $25.8m | $41.7m | $53.9m | $41.6m | $22.9m | $15.3m | $9.1m | $7.4m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | — | — | $0 | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $12.5m | $128.8m | $87.2m | $2.5m | $2.5m | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | $0 | $0 | $0 | — | — | — | $2.5m | — | |
| Nonoperating Income (Expense) | ($3.5m) | ($6.3m) | ($15.1m) | ($27.9m) | ($31.6m) | ($31.9m) | ($29.9m) | ($18.4m) | ($7.8m) | ($43.1m) | — | |
| Other Nonoperating Income (Expense) | ($678k) | $289k | ($1.8m) | ($3.2m) | ($111k) | ($253k) | ($781k) | $236k | $1.1m | ($652k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $361k | $4.7m | $5.2m | ($3.2m) | ($10.4m) | $1.7m | ($9.7m) | ($8.9m) | $328k | ($5.4m) | ($713k) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $863k | $1.1m | $875k | $1.7m | $1.1m | $694k | $556k | ($569k) | $309k | — | ($713k) | |
| Increase (Decrease) in Accounts Payable | ($1.5m) | $1.3m | ($3.4m) | ($73k) | ($3.1m) | $10.9m | ($7.2m) | ($6.9m) | $1.3m | ($5.7m) | $1.6m | |
| Purchases of property and equipment, accrued but unpaid | $670k | $396k | $935k | $1.0m | $1.1m | $1.1m | $866k | $1.2m | $882k | $1.4m | ($1.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $3.9m |
$7.7m
+99.12%
|
$7.3m
-4.78%
|
$12.1m
+64.37%
|
$35.6m
+194.97%
|
$41.7m
+17.18%
|
$30.0m
-28.17%
|
$49.9m
+66.59%
|
$24.2m
-51.47%
|
$25.8m
+6.44%
|
$23.1m
-10.47%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $670k | $396k | $935k | $1.0m | $1.1m | $1.1m | $866k | $1.2m | $882k | $1.4m | ($1.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | $19k | $0 | $0 | ($635k) | $0 | ($79k) | ($47k) | ($17k) | ($60k) | $2.8m | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($200k) | $0 | $0 | — | — | — | ($100k) | ($47k) | ($17k) | ($60k) | $2.8m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $12.2m | $110.3m | $160.8m | $216.0m | $67.7m | $92.4m | $62.4m | $0 | $0 | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($13.2m) | ($110.8m) | ($161.7m) | ($217.8m) | ($69.0m) | ($93.5m) | ($63.2m) | ($1.2m) | ($882k) | $8.8m | $5.1m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | $0 | $0 | ($2.3m) | $0 | $0 | — | $0 | $0 | ($2.3m) | — | |
| Proceeds from Issuance of Common Stock | ($515k) | $43.8m | $807k | $151.6m | $130.5m | $274k | $191k | $5k | $0 | $0 | $0 | |
| Dividends Payable | — | — | — | — | — | — | — | — | $12.8m | $18.6m | — | |
| Net Cash Provided by (Used in) Financing Activities | $19.5m |
$96.2m
+392.59%
|
$149.9m
+55.88%
|
$363.8m
+142.64%
|
$107.9m
-70.34%
|
($8.2m)
-107.58%
|
$94.2m
+1250.99%
|
($61.4m)
-165.20%
|
($202.3m)
-229.58%
|
($63.4m)
+68.64%
|
($33.8m)
+46.68%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $449k | ($1.2m) | $158.3m | $75.0m | ($60.9m) | $59.5m | ($12.1m) | ($179.5m) | ($27.0m) | $28.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $449k | ($1.2m) | $175.0m | $250.0m | $189.2m | $248.7m | $236.6m | $57.1m | $30.0m | $28.7m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $203k | $456k | ($897k) | ($1.4m) | $567k | ($557k) | $1.8m | $1.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $2.5m | $6.0m | $12.4m | $23.9m | $29.9m | $29.4m | $29.1m | $32.1m | $28.9m | $20.4m | — | |
| Income Taxes Paid, Net | $488k | $1.8m | $3.3m | $3.6m | $3.2m | $2.8m | $3.9m | $7.1m | $2.0m | $6.9m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | $64k | $382k | ($305k) | ($58k) | ($272k) | ($25k) | $12k | $538k | $999k | $873k | — | |
| Gain (Loss) on Disposition of Business | ($746k) | $0 | $0 | ($2.0m) | $0 | $0 | — | — | — | ($24.4m) | — | |
| General and Administrative Expense | $18.3m | $23.3m | $32.0m | $48.1m | $68.1m | $76.9m | $70.5m | $61.3m | $49.5m | $38.0m | — | |
| Goodwill | $69.1m | $154.6m | $225.3m | $346.1m | $383.6m | $457.5m | $477.0m | $353.8m | $261.0m | $259.6m | $2.5m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($13.5m) | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $1.5m | $1.3m | ($9.8m) | ($6.8m) | ($4.2m) | ($8.3m) | ($1.7m) | ($2.5m) | $2.6m | $232k | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $8.9m | — | — | |
| Operating Expenses | $55.7m | $75.4m | $106.9m | $177.8m | $217.1m | $237.2m | $253.8m | $365.4m | $296.0m | $157.7m | — | |
| Operating Lease, Expense | — | — | — | $2.9m | — | — | — | $1.4m | $1.4m | — | — | |
| Payments of Financing Costs | — | — | — | $14.2m | $11.6m | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | $2.4m | ($32.5m) | $21.6m | — | — | — | — | — |