Financial Statements

American Software, Inc. (AMSWA)

$11.4399

-0.01 (-0.09%)

Cash Flow Statement

All numbers are in thousands
Year XLSX
2023
XLSX
2022
XLSX
2021
XLSX
2020
XLSX
2019
Operating Cash Flow 52429,02017,75625,50623,930
Net Income 10,42112,7828,0896,7426,803
Depreciation & Amortization 3,1614,1385,6108,1037,719
Deferred income taxes -4,092-854-270-609320
Stock-based compensation 5,1833,9562,5462,0271,751
Change in working capital -7,9419,8542,926-2,613-479
Other non-cash items -6,208-856-1,14511,8567,816
Investing Cash Flow -10,422-934-1,298-3,590-7,213
Investments in PPE -3,922-934-1,298-3,590-7,213
Acquisitions -6,500----
Financing Cash Flow -9,192-6,054-7,614-3,390-8,223
Dividends payments -14,833-14,632-14,311-13,938-13,590
Common Stock Issuance 5,6418,5786,69710,0725,367
Other Financing Activites ---476-
Accounts receivables -4,4013,031-1,632-4,7122,165
Accounts payables -2,6231,5627992,692-3,611
Inventory -2,088-845-1,537536
Other working capital 1,1715,2612,914944431
Cash at beginning of period 110,69088,65879,81461,28852,794
Cash at end of period 91,600110,69088,65879,81461,288
Capital Expenditure -3,922-934-1,298-3,590-7,213
Net cash flow / Change in cash -19,09022,0328,84418,5268,494
Free Cash Flow -3,39828,08616,45821,91616,717

American Software, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes American Software, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.