Upwork Inc (UPWK)
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[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
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[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2024 | 12-2023 | 12-2022 | 12-2021 | 12-2020 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 215,586 | 46,887 | -89,885 | -56,240 | -22,867 |
| Depreciation Amortization | 7,581 | 386 | 12,611 | 15,286 | 13,773 |
| Income taxes - deferred | -129,258 | N/A | N/A | N/A | N/A |
| Accounts receivable | -4,802 | -22,176 | -15,292 | -24,610 | -20,000 |
| Accounts payable and accrued liabilities | 969 | -2,513 | 2,579 | -1,445 | 5,822 |
| Other Working Capital | -14,992 | -39,238 | -10,786 | -16,471 | 2,238 |
| Other Operating Activity | 78,479 | 69,362 | 112,270 | 94,316 | 43,399 |
| Operating Cash Flow | $153,563 | $52,708 | $11,497 | $10,836 | $22,365 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -3,528 | -692 | -1,248 | -1,027 | -6,320 |
| Net Acquisitions | -14,333 | N/A | N/A | N/A | N/A |
| Purchase Of Investment | -362,322 | -709,214 | -581,887 | -525,343 | -107,281 |
| Sale Of Investment | 528,667 | 813,835 | 521,152 | 102,500 | 117,500 |
| Purchase Sale Intangibles | -10,916 | -15,659 | -7,485 | -5,110 | -8,045 |
| Other Investing Activity | -10,916 | -15,659 | -7,485 | -5,110 | -8,045 |
| Investing Cash Flow | $137,568 | $88,270 | $-69,468 | $-428,980 | $-4,146 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | N/A | N/A | N/A | 575,000 | 18,000 |
| Debt Repayment | N/A | N/A | N/A | -10,750 | -25,621 |
| Common Stock Issued | 8,088 | 6,093 | 5,437 | 11,966 | 35,941 |
| Common Stock Repurchased | -100,000 | 0 | 0 | N/A | N/A |
| Other Financing Activity | 9,956 | -145,884 | -4,294 | -38,477 | 26,321 |
| Financing Cash Flow | $-81,956 | $-139,791 | $1,143 | $537,739 | $54,641 |
| Beginning Cash Position | 296,418 | 295,231 | 352,058 | 232,463 | 159,603 |
| End Cash Position | 505,593 | 296,418 | 295,231 | 352,058 | 232,463 |
| Net Cash Flow | $209,175 | $1,187 | $-56,827 | $119,595 | $72,860 |
| Free Cash Flow | |||||
| Operating Cash Flow | 153,563 | 52,708 | 11,497 | 10,836 | 22,365 |
| Capital Expenditure | -3,528 | -692 | -1,248 | -1,027 | -6,320 |
| Free Cash Flow | 150,035 | 52,016 | 10,249 | 9,809 | 16,045 |