Blackbaud, Inc.
Blackbaud, Inc. provides cloud software solutions to higher education institutions, K12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies, and individual change agents in the United States and …
Software - Application
US, Charleston [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. 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) | 86.00 | 55.00 | 85.00 | 68.00 | 107.00 | 102.00 | 114.00 | 153.00 | 176.00 | 201.00 | 182.00 | 147.00 | 213.00 | 203.00 | 199.00 | |
| Operating Cash (Net) | 86.00 | 55.00 | 85.00 | 68.00 | 107.00 | 102.00 | 114.00 | 153.00 | 176.00 | 201.00 | 182.00 | 147.00 | 213.00 | 203.00 | 199.00 | |
| Accounts Receivable | 1.00 | -13.00 | -8.00 | -9.00 | 3.00 | -5.00 | -7.00 | -13.00 | -15.00 | 2.00 | -6.00 | -18.00 | -6.00 | -7.00 | -3.00 | |
| Accounts Payable | - - | - - | 1.00 | -1.00 | - - | - - | 40.00 | 99.00 | 1.00 | 9.00 | 12.00 | -19.00 | -9.00 | 21.00 | -18.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 17.00 | -14.00 | 1.00 | -7.00 | -4.00 | 5.00 | - - | 2.00 | -2.00 | 23.00 | 15.00 | -65.00 | -15.00 | 49.00 | -26.00 | |
| Other WC | 13.00 | 12.00 | -10.00 | -15.00 | -33.00 | -16.00 | -21.00 | -81.00 | 22.00 | 19.00 | 12.00 | - - | 10.00 | 34.00 | -4.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -7.00 | -18.00 | -41.00 | -302.00 | -24.00 | -211.00 | -222.00 | -47.00 | -184.00 | -97.00 | -167.00 | -71.00 | -471.00 | -85.00 | -64.00 | |
| Capital Expenditure | -5.00 | -10.00 | -19.00 | -21.00 | -23.00 | -22.00 | -34.00 | -44.00 | -38.00 | -52.00 | -58.00 | -71.00 | -52.00 | -71.00 | -64.00 | |
| Purchases of Investments | - - | -2.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Sale/Maturity of Investment | - - | - - | - - | - - | - - | - - | - - | - - | 1.00 | - - | - - | - - | - - | - - | - - | |
| Property, Plant, Equipment (P&PE) | -5.00 | -10.00 | -19.00 | -21.00 | -23.00 | -22.00 | -34.00 | -44.00 | -38.00 | -52.00 | -58.00 | -71.00 | -52.00 | -71.00 | -64.00 | |
| Acquisitions (Net) | -2.00 | -5.00 | -23.00 | -280.00 | - - | -188.00 | -188.00 | -3.00 | -146.00 | -44.00 | -109.00 | - - | -419.00 | -14.00 | - - | |
| Other Investing Activities | -2.00 | - - | - - | -281.00 | -3.00 | -8.00 | -16.00 | -26.00 | -27.00 | - - | - - | -42.00 | -40.00 | -52.00 | - - | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -73.00 | -32.00 | -19.00 | -194.00 | -84.00 | -112.00 | -110.00 | -104.00 | -278.00 | -291.00 | -111.00 | -10.00 | -264.00 | -25.00 | -142.00 | |
| Debt Repayment | -60.00 | -5.00 | - - | -99.00 | -165.00 | -235.00 | -184.00 | -293.00 | -679.00 | -51.00 | -79.00 | - - | -429.00 | -310.00 | -81.00 | |
| Dividends Paid | -17.00 | -19.00 | -21.00 | -21.00 | -22.00 | -22.00 | -22.00 | -22.00 | -23.00 | -23.00 | -23.00 | -5.00 | - - | - - | - - | |
|
Common Stock
|
- - | 34 | - - | - - | - - | 7 | 9 | 15 | - - | 27 | 23 | 62 | 147 | 35 | 18 | |
| Issued | - - | 12.00 | - - | - - | - - | - - | - - | - - | -23.00 | - - | - - | - - | - - | -1.00 | - - | |
| Repurchased | - - | -22.00 | - - | - - | - - | -7.00 | -9.00 | -15.00 | -23.00 | -27.00 | -23.00 | -62.00 | -147.00 | -36.00 | -18.00 | |
| Other Financing Activities | 4.00 | 2.00 | 2.00 | 315.00 | 103.00 | 369.00 | 317.00 | 211.00 | 980.00 | -189.00 | 79.00 | 56.00 | -17.00 | 360.00 | -42.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 16.00 | 22.00 | 28.00 | 52.00 | 13.00 | 11.00 | 14.00 | 15.00 | 370.00 | 640.00 | 449.00 | 577.00 | 644.00 | 651.00 | 31.00 | |
| End of Period | 22.00 | 27.00 | 52.00 | 13.00 | 11.00 | 14.00 | 15.00 | 16.00 | 640.00 | 449.00 | 577.00 | 644.00 | 651.00 | 733.00 | 728.00 | |
| Change | 6.00 | 5.00 | 24.00 | -39.00 | -1.00 | 2.00 | - - | 1.00 | 269.00 | -190.00 | 127.00 | 67.00 | 6.00 | 82.00 | 696.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 15.00 | 16.00 | 16.00 | 31.00 | 43.00 | 45.00 | 55.00 | 70.00 | 73.00 | 79.00 | 85.00 | 92.00 | 82.00 | 102.00 | 109.00 | |
| Stock Based Compensation | 12.00 | 13.00 | 14.00 | 19.00 | 16.00 | 17.00 | 25.00 | 32.00 | 40.00 | 48.00 | 58.00 | 87.00 | 120.00 | 110.00 | 127.00 | |
| Other | 1.00 | - - | 5.00 | 10.00 | 7.00 | 2.00 | 4.00 | 3.00 | 13.00 | 5.00 | 14.00 | 16.00 | 23.00 | 14.00 | 11.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 81.00 | 45.00 | 66.00 | 46.00 | 83.00 | 79.00 | 80.00 | 109.00 | 137.00 | 149.00 | 124.00 | 76.00 | 161.00 | 132.00 | 135.00 | |
| Cash Conversion Cycle (CCC) | 27.00 | 39.00 | 30.00 | 188.00 | 221.00 | 241.00 | 328.00 | 400.00 | 635.00 | 405.00 | 470.00 | 533.00 | 513.00 | 511.00 | 3.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | -1.00 | - - | - - | -2.00 | - - | 2.00 | - - | -10.00 | 2.00 |