Upwork Inc.
Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provid…
Staffing & Employment Services
US, Santa Clara [HQ]
Cash Flow Statements
8 Records · Starting from 2016In Million USD. Margins, Growth Rates In %
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Cash Flow (OCF) | 3.00 | -4.00 | 13.00 | 1.00 | 22.00 | 10.00 | 6.00 | 27.00 | |
| Operating Cash (Net) | 3.00 | -4.00 | 13.00 | 1.00 | 22.00 | 10.00 | 6.00 | 27.00 | |
| Accounts Receivable | -8.00 | -8.00 | 3.00 | -10.00 | -20.00 | -24.00 | -20.00 | -47.00 | |
| Accounts Payable | - - | - - | 1.00 | -1.00 | 5.00 | -1.00 | 2.00 | -2.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -2.00 | -15.00 | 6.00 | -14.00 | 2.00 | -16.00 | -15.00 | -64.00 | |
| Other WC | - - | - - | - - | 4.00 | 4.00 | 7.00 | 1.00 | -14.00 | |
| Investing Activities | |||||||||
| Used Cash (Net) | - - | -2.00 | -7.00 | -100.00 | -4.00 | -428.00 | -69.00 | 88.00 | |
| Capital Expenditure | - - | -2.00 | -6.00 | -16.00 | -14.00 | -6.00 | -8.00 | -16.00 | |
| Purchases of Investments | - - | - - | - - | -168.00 | -107.00 | -525.00 | -581.00 | -709.00 | |
| Sale/Maturity of Investment | - - | - - | - - | 84.00 | 117.00 | 102.00 | 521.00 | 813.00 | |
| Property, Plant, Equipment (P&PE) | - - | -2.00 | -6.00 | -16.00 | -14.00 | -6.00 | -8.00 | -16.00 | |
| Acquisitions (Net) | - - | - - | - - | 5.00 | 8.00 | 5.00 | 69.00 | -88.00 | |
| Other Investing Activities | - - | - - | - - | -5.00 | -8.00 | -5.00 | -69.00 | 88.00 | |
| Financing Activities | |||||||||
| Used Cash (Net) | -5.00 | - - | -101.00 | -29.00 | -54.00 | -537.00 | -6.00 | -114.00 | |
| Debt Repayment | -12.00 | -17.00 | -25.00 | -55.00 | -25.00 | -10.00 | - - | - - | |
| Dividends Paid | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Common Stock
|
- - | 19 | - - | - - | - - | - - | - - | - - | |
| Issued | - - | - - | 109.00 | 18.00 | 31.00 | 7.00 | 1.00 | 2.00 | |
| Repurchased | - - | -19.00 | - - | - - | - - | - - | - - | - - | |
| Other Financing Activities | 17.00 | 36.00 | 16.00 | 66.00 | 49.00 | 541.00 | 4.00 | -116.00 | |
| Cash Balances | |||||||||
| Begin of Period | 19.00 | 27.00 | 21.00 | 230.00 | 159.00 | 232.00 | 352.00 | 132.00 | |
| End of Period | 27.00 | 21.00 | 129.00 | 159.00 | 232.00 | 352.00 | 295.00 | 83.00 | |
| Change | 7.00 | -5.00 | 107.00 | -70.00 | 72.00 | 119.00 | -56.00 | -49.00 | |
| Non-Cash Balances | |||||||||
| Depreciation and Amortization | 8.00 | 4.00 | 4.00 | 10.00 | 14.00 | 13.00 | 11.00 | 12.00 | |
| Stock Based Compensation | 7.00 | 6.00 | - - | 18.00 | 25.00 | 53.00 | 75.00 | 74.00 | |
| Other | 5.00 | - - | - - | - - | - - | 1.00 | 25.00 | 107.00 | |
| Highlighted metrics | |||||||||
| Free Cash Flow (FCF) | 2.00 | -6.00 | 6.00 | -15.00 | 8.00 | 4.00 | -2.00 | 10.00 | |
| Cash Conversion Cycle (CCC) | 54.00 | 52.00 | 22.00 | 33.00 | 23.00 | 35.00 | 388.00 | 43.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
|||||||||
| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | - - | -50.00 |