Free Cash Flow Build Up
Zynga Inc. (ZNGA)
$6.7
-0.04 (-0.59%)
Year A/P | 2013 Actual | 2014 Actual | 2015 Actual | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected |
| Revenue | 873.27 | 690.40 | 764.69 | 741.37 | 861.32 | 907.14 | 1,321.53 | 1,440.33 | 1,569.82 | 1,710.95 | 1,864.76 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 80.95 | -151.82 | -86.03 | -72.14 | 55.38 | 51.53 | -187.92 | -73.60 | -80.22 | -87.43 | -95.29 |
| EBIT | -65.67 | -244.75 | -146.06 | -114.24 | 25.75 | 6.71 | -272.23 | -194.01 | -211.45 | -230.46 | -251.18 |
| Tax Rate | 42.99% | 3.14% | 6.66% | -3.29% | 29.12% | 41.59% | 11.43% | 18.81% | 18.81% | 18.81% | 18.81% |
| EBIAT | -37.44 | -237.06 | -136.33 | -118.00 | 18.25 | 3.92 | -241.12 | -157.53 | -171.69 | -187.12 | -203.94 |
| Depreciation | 146.62 | 92.93 | 60.03 | 42.11 | 29.63 | 44.81 | 84.31 | 120.41 | 131.24 | 143.04 | 155.89 |
| Accounts Receivable | - | -23.94 | 10.01 | 2.35 | -26.45 | 12.08 | -48.46 | -12.31 | -13.70 | -14.93 | -16.27 |
| Inventories | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | -5.98 | 14.69 | -5.65 | -5.07 | 7.90 | 0.90 | 11.28 | 3.51 | 3.82 | 4.17 |
| Capital Expenditure | - | -1.41 | 1.38 | -2.51 | 0.31 | -1.44 | -12.23 | 5.51 | -1.63 | -1.78 | -1.94 |
| UFCF | 109.18 | -175.46 | -50.22 | -81.69 | 16.67 | 67.28 | -216.59 | -32.63 | -52.27 | -56.97 | -62.09 |
| WACC | |||||||||||
| PV UFCF | -32.63 | -52.27 | -56.97 | -62.09 | |||||||
| SUM PV UFCF | -534.80 |