M3, Inc.
M3, Inc. provides medical-related services primarily to physicians and other healthcare professionals through Internet. The company operates through five reporting segments: Medical Platform, Evidence Solution, Career Solution, Site Solution, and Oversea…
Medical - Healthcare Information Services
JP, Tokyo [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million JPY. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 3,535.00 | 3,186.00 | 5,326.00 | 5,810.00 | 8,647.00 | 9,316.00 | 12,136.00 | 16,555.00 | 15,913.00 | 17,749.00 | 26,789.00 | 46,627.00 | 52,108.00 | 57,113.00 | 58,310.00 | |
| Operating Cash (Net) | 3,535.00 | 3,186.00 | 5,326.00 | 5,810.00 | 8,647.00 | 9,316.00 | 12,136.00 | 16,555.00 | 15,913.00 | 17,749.00 | 26,789.00 | 46,627.00 | 52,108.00 | 57,113.00 | 58,310.00 | |
| Accounts Receivable | - - | - - | - - | -628.00 | -1,209.00 | -2,129.00 | -2,928.00 | -2,418.00 | -3,993.00 | -2,736.00 | -4,216.00 | -9,488.00 | -8,836.00 | 3,085.00 | 2,251.00 | |
| Accounts Payable | - - | - - | - - | - - | - - | - - | 343.00 | 971.00 | 447.00 | 304.00 | 1,112.00 | 2,238.00 | 6,568.00 | 129.00 | 2,437.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 93.00 | -828.00 | -376.00 | -480.00 | -266.00 | -2,587.00 | -2,979.00 | -914.00 | -3,781.00 | -3,159.00 | -3,055.00 | -6,419.00 | -1,698.00 | 1,295.00 | 4,201.00 | |
| Other WC | 108.00 | -741.00 | -457.00 | -255.00 | -301.00 | 277.00 | -668.00 | 160.00 | -228.00 | -423.00 | 1,161.00 | 3,069.00 | 7,138.00 | -1,790.00 | -487.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -2,182.00 | -1,238.00 | -3,634.00 | -2,214.00 | 604.00 | -5,474.00 | -4,607.00 | -14,490.00 | -7,281.00 | -8,783.00 | -49,883.00 | 3,592.00 | -23,407.00 | -21,933.00 | -29,312.00 | |
| Capital Expenditure | -201.00 | -208.00 | -292.00 | -251.00 | -527.00 | -729.00 | -747.00 | -774.00 | -1,848.00 | -1,345.00 | -2,840.00 | -1,989.00 | -3,217.00 | -7,577.00 | -7,581.00 | |
| Purchases of Investments | -1,803.00 | -657.00 | -3,412.00 | -1,267.00 | -503.00 | -1,816.00 | -676.00 | -473.00 | -740.00 | -2,385.00 | -33,864.00 | -19,542.00 | -33,546.00 | -17,364.00 | -31,846.00 | |
| Sale/Maturity of Investment | 139.00 | 166.00 | 114.00 | 624.00 | 300.00 | 1,009.00 | 249.00 | 1,947.00 | 2,495.00 | 790.00 | 4,059.00 | 28,240.00 | 19,659.00 | 25,569.00 | 31,291.00 | |
| Property, Plant, Equipment (P&PE) | -201.00 | -208.00 | -292.00 | -251.00 | -527.00 | -729.00 | -747.00 | -774.00 | -1,848.00 | -1,345.00 | -2,840.00 | -1,989.00 | -3,217.00 | -7,577.00 | -7,581.00 | |
| Acquisitions (Net) | -206.00 | 1.00 | -84.00 | -1,387.00 | 1,324.00 | -4,036.00 | -3,291.00 | -15,612.00 | -7,048.00 | -5,151.00 | -17,367.00 | -3,033.00 | -6,546.00 | -23,279.00 | -21,325.00 | |
| Other Investing Activities | -110.00 | -539.00 | 39.00 | 67.00 | 10.00 | 98.00 | -142.00 | 422.00 | -140.00 | -692.00 | 129.00 | -84.00 | 243.00 | 718.00 | 148.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -836.00 | -963.00 | -1,391.00 | -1,667.00 | -3,111.00 | -2,383.00 | -5,267.00 | -3,897.00 | -4,761.00 | -5,008.00 | -43,400.00 | -11,615.00 | -16,371.00 | -22,837.00 | -712.00 | |
| Debt Repayment | - - | -26.00 | -235.00 | -408.00 | -1,095.00 | -313.00 | -2,167.00 | -816.00 | -768.00 | -878.00 | -186.00 | -31.00 | -13.00 | -809.00 | -18,338.00 | |
| Dividends Paid | -860.00 | -939.00 | -1,308.00 | -1,320.00 | -1,905.00 | -2,100.00 | -2,586.00 | -2,911.00 | -3,238.00 | -3,353.00 | -4,533.00 | -5,768.00 | -8,144.00 | -10,860.00 | -12,896.00 | |
|
Common Stock
|
- - | 24 | 174 | 157 | - - | 121 | - - | 240 | 919 | 48 | 54,251 | 4,958 | 5,373 | 5,782 | - - | |
| Issued | 38.00 | 13.00 | 153.00 | 94.00 | 187.00 | 73.00 | 49.00 | 58.00 | 74.00 | 47.00 | 50,183.00 | 139.00 | 126.00 | 90.00 | 88.00 | |
| Repurchased | - - | -10.00 | -20.00 | -63.00 | - - | -48.00 | - - | -182.00 | -845.00 | -1.00 | -4,068.00 | -4,819.00 | -5,247.00 | -5,692.00 | - - | |
| Other Financing Activities | -14.00 | - - | 20.00 | 30.00 | -298.00 | 5.00 | -563.00 | -46.00 | 16.00 | -823.00 | 2,004.00 | -1,136.00 | -3,093.00 | -5,566.00 | -2,460.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 8,001.00 | 8,502.00 | 9,393.00 | 9,672.00 | 11,713.00 | 18,331.00 | 19,907.00 | 21,975.00 | 20,095.00 | 23,732.00 | 27,538.00 | 47,948.00 | 89,144.00 | 104,253.00 | 118,332.00 | |
| End of Period | 8,502.00 | 9,393.00 | 9,672.00 | 11,713.00 | 17,988.00 | 19,907.00 | 21,975.00 | 20,095.00 | 23,732.00 | 27,538.00 | 47,948.00 | 89,144.00 | 104,253.00 | 118,319.00 | 149,676.00 | |
| Change | 500.00 | 891.00 | 278.00 | 2,041.00 | 6,274.00 | 1,576.00 | 2,068.00 | -1,880.00 | 3,637.00 | 3,806.00 | 20,410.00 | 41,196.00 | 15,109.00 | 14,066.00 | 31,344.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 277.00 | 374.00 | 556.00 | 612.00 | 865.00 | 671.00 | 867.00 | 939.00 | 1,161.00 | 1,391.00 | 4,493.00 | 5,736.00 | 6,274.00 | 7,434.00 | 8,878.00 | |
| Stock Based Compensation | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Other | -1,962.00 | -2,396.00 | -2,586.00 | -3,826.00 | -5,593.00 | -4,942.00 | -5,702.00 | -8,429.00 | -11,167.00 | -11,425.00 | -9,259.00 | -10,954.00 | -48,655.00 | -25,934.00 | 13,028.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 3,333.00 | 2,978.00 | 5,034.00 | 5,558.00 | 8,119.00 | 8,587.00 | 11,389.00 | 15,781.00 | 14,065.00 | 16,404.00 | 23,949.00 | 44,638.00 | 48,891.00 | 49,536.00 | 50,729.00 | |
| Cash Conversion Cycle (CCC) | 23.00 | 47.00 | 57.00 | 81.00 | 88.00 | -5.00 | 22.00 | -17.00 | -4.00 | -5.00 | -5.00 | -9.00 | -27.00 | -37.00 | 69.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | 4.00 | -33.00 | -22.00 | 113.00 | 134.00 | 117.00 | -194.00 | -48.00 | -234.00 | -151.00 | 104.00 | 2,592.00 | 2,780.00 | 1,723.00 | 3,056.00 |