Progress Software Corporation
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud…
Software - Application
US, Burlington [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) | 62.00 | 96.00 | 126.00 | 104.00 | 4.00 | 107.00 | 104.00 | 102.00 | 105.00 | 121.00 | 128.00 | 144.00 | 178.00 | 192.00 | 173.00 | |
| Operating Cash (Net) | 62.00 | 96.00 | 126.00 | 104.00 | 4.00 | 107.00 | 104.00 | 102.00 | 105.00 | 121.00 | 128.00 | 144.00 | 178.00 | 192.00 | 173.00 | |
| Accounts Receivable | 2.00 | -18.00 | 8.00 | 14.00 | 5.00 | - - | 3.00 | - - | 6.00 | 2.00 | -24.00 | 10.00 | -36.00 | -27.00 | 12.00 | |
| Accounts Payable | - - | - - | - - | 7.00 | -15.00 | -8.00 | - - | -3.00 | - - | -11.00 | 9.00 | -4.00 | 5.00 | -3.00 | -1.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -31.00 | -11.00 | 8.00 | 33.00 | -43.00 | - - | 45.00 | -1.00 | 11.00 | -15.00 | 11.00 | - - | - - | -7.00 | -23.00 | |
| Other WC | -34.00 | 7.00 | - - | -7.00 | -5.00 | 1.00 | 35.00 | 5.00 | - - | 7.00 | 2.00 | 5.00 | 30.00 | 25.00 | -36.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | 17.00 | -57.00 | -33.00 | 47.00 | 118.00 | 5.00 | -260.00 | -21.00 | -80.00 | 7.00 | -223.00 | -218.00 | -258.00 | -6.00 | -360.00 | |
| Capital Expenditure | -7.00 | -9.00 | -17.00 | -7.00 | -5.00 | -11.00 | -8.00 | -5.00 | -3.00 | -7.00 | -3.00 | -6.00 | -4.00 | -6.00 | -5.00 | |
| Purchases of Investments | -80.00 | -38.00 | -152.00 | -27.00 | -7.00 | -5.00 | -24.00 | -41.00 | -40.00 | -8.00 | -10.00 | -5.00 | -8.00 | -25.00 | -15.00 | |
| Sale/Maturity of Investment | 24.00 | 1.00 | 84.00 | 8.00 | - - | 26.00 | 14.00 | 26.00 | 31.00 | 23.00 | 25.00 | 16.00 | 5.00 | 1.00 | 15.00 | |
| Property, Plant, Equipment (P&PE) | -7.00 | -9.00 | -17.00 | -7.00 | -5.00 | -11.00 | -8.00 | -5.00 | -3.00 | -7.00 | -3.00 | -6.00 | -4.00 | -6.00 | -5.00 | |
| Acquisitions (Net) | 81.00 | -49.00 | -22.00 | 46.00 | 101.00 | -21.00 | -241.00 | - - | -77.00 | - - | -225.00 | -213.00 | -253.00 | 25.00 | -355.00 | |
| Other Investing Activities | - - | 38.00 | 74.00 | 27.00 | 29.00 | 17.00 | - - | -15.00 | 8.00 | 14.00 | -8.00 | -10.00 | 2.00 | -1.00 | - - | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -25.00 | -59.00 | -153.00 | -58.00 | -225.00 | -42.00 | -118.00 | -82.00 | -91.00 | -146.00 | -128.00 | -6.00 | -131.00 | -91.00 | -51.00 | |
| Debt Repayment | - - | - - | -1.00 | - - | - - | - - | -5.00 | -9.00 | -12.00 | -6.00 | -5.00 | -11.00 | -117.00 | -6.00 | -103.00 | |
| Dividends Paid | - - | - - | - - | - - | - - | - - | - - | - - | -24.00 | -25.00 | -27.00 | -29.00 | -31.00 | -31.00 | -31.00 | |
|
Common Stock
|
14 | 93 | 49 | 52 | 222 | 36 | 19 | 83 | 73 | 123 | 199 | 147 | 369 | 77 | 72 | |
| Issued | 9.00 | 64.00 | -150.00 | - - | - - | - - | - - | - - | 10.00 | - - | 183.00 | 98.00 | 349.00 | 16.00 | 25.00 | |
| Repurchased | -5.00 | -29.00 | -200.00 | -52.00 | -222.00 | -36.00 | -19.00 | -83.00 | -63.00 | -123.00 | -15.00 | -48.00 | -19.00 | -60.00 | -46.00 | |
| Other Financing Activities | 27.00 | 54.00 | 399.00 | -5.00 | -3.00 | -6.00 | 143.00 | 10.00 | 9.00 | 9.00 | -5.00 | -2.00 | -48.00 | -9.00 | 25.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 118.00 | 224.00 | 322.00 | 261.00 | 355.00 | 231.00 | 283.00 | 241.00 | 249.00 | 183.00 | 139.00 | 173.00 | 105.00 | 157.00 | 256.00 | |
| End of Period | 224.00 | 322.00 | 261.00 | 355.00 | 231.00 | 283.00 | 241.00 | 249.00 | 183.00 | 139.00 | 173.00 | 105.00 | 157.00 | 251.00 | 126.00 | |
| Change | 105.00 | 98.00 | -60.00 | 93.00 | -123.00 | 51.00 | -41.00 | 8.00 | -66.00 | -44.00 | 34.00 | -67.00 | 51.00 | 94.00 | -129.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 40.00 | 41.00 | 35.00 | 30.00 | 14.00 | 15.00 | 41.00 | 39.00 | 42.00 | 44.00 | 56.00 | 34.00 | 61.00 | 76.00 | 103.00 | |
| Stock Based Compensation | 21.00 | 18.00 | 25.00 | 28.00 | 21.00 | 24.00 | 24.00 | 22.00 | 14.00 | 20.00 | 23.00 | 23.00 | 29.00 | 37.00 | 40.00 | |
| Other | - - | -4.00 | -4.00 | -35.00 | -71.00 | 2.00 | 3.00 | 96.00 | - - | 5.00 | 25.00 | 8.00 | 10.00 | -2.00 | 12.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 55.00 | 86.00 | 109.00 | 96.00 | - - | 95.00 | 95.00 | 97.00 | 102.00 | 114.00 | 124.00 | 138.00 | 173.00 | 186.00 | 168.00 | |
| Cash Conversion Cycle (CCC) | -1,140.00 | -1,465.00 | -1,150.00 | -282.00 | -638.00 | -572.00 | -309.00 | -272.00 | -311.00 | -225.00 | -278.00 | 31.00 | -234.00 | -199.00 | 46.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | 16.00 | -8.00 | -1.00 | -2.00 | - - | -6.00 | -13.00 | -4.00 | 11.00 | -10.00 | -1.00 | 3.00 | -2.00 | -11.00 | 5.00 |