Consensus Cloud Solutions, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net income $213.0m $152.9m $109.0m $72.7m $77.3m $89.4m $84.5m
Depreciation and amortization $81.0m $79.8m $51.8m $15.3m $17.4m $20.5m $18.7m
Amortization of financing costs and discounts $1.4m $1.2m $442k $1.9m $2.0m $1.8m $1.7m
Deferred income taxes ($56.1m) $13.3m $7.2m ($1.7m) $2.4m $2.6m $17.8m
Share-based compensation $3.8m $5.6m $2.5m $20.1m $18.2m $16.8m $17.7m
Non-cash operating lease costs $7.9m $5.6m $4.4m $1.3m $1.7m $1.5m $1.8m
Loss (gain) on extinguishment of debt $0 $38.0m $0 $0 ($4.8m) ($6.6m) $919k
Operating lease liabilities ($7.7m) ($3.3m) ($5.2m) ($1.7m) ($2.0m) ($2.5m) ($2.2m)
Provision for doubtful accounts $10.2m $10.1m $7.2m $1.2m $5.9m $5.1m $4.2m
Other ($1.9m) ($1.4m) $0 $0 $32k $0 $0
Accounts receivable ($11.3m) ($4.9m) ($2.8m) ($2.9m) ($4.2m) ($3.8m) ($2.8m)
Prepaid expenses and other current assets ($9.1m) $717k ($12.0m) ($9.5m) $4.1m ($6.0m) ($2.5m)
Other assets ($3.2m) $731k ($3.3m) ($1.9m) $1.5m $1.0m ($1.7m)
Accounts payable and accrued expenses $3.7m ($13.4m) $5.8m ($940k) ($5.5m) $768k ($880k)
Income taxes payable ($5.4m) ($1.3m) ($230k) ($2.8m) ($231k) ($1.0m) ($993k)
Deferred revenue $1.1m ($2.4m) ($1.8m) ($2.2m) ($2.5m) ($1.5m) ($1.4m)
Liability for uncertain tax positions ($453k) $8.4m ($1.7m) $1.9m $3.0m $3.5m $1.3m
Other long-term liabilities ($2.6m) $154k $8.0m ($7.6m) ($60k) ($34k) ($33k)
Purchases of property and equipment ($22.9m) ($32.5m) ($33.0m) ($30.0m) ($36.5m) ($33.4m) ($30.2m)
Borrowings from term loans $0 $0 $150.0m
Repayment of senior notes $0 ($650.0m) ($593k) $0 $0 $0 ($234.1m)
Proceeds from line of credit $185.0m $0 $0 $0 $0 $70.0m
Repayment of line of credit ($185.0m) $0 $0 $0 $0 ($6.0m)
Net cash provided by operating activities $226.7m $238.8m $233.7m $83.1m $114.1m $121.7m $136.1m
Purchases of investments $0 $0 ($4.0m) $0 ($5.0m)
Net cash used in investing activities ($304.5m) ($60.9m) ($42.5m) ($43.3m) ($40.5m) ($33.4m) ($35.2m)
Debt issuance cost $0 $0 ($10.8m) ($232k) $0 $0 ($1.7m)
Repurchase of debt $0 $0 ($57.7m) ($136.2m) ($15.8m)
Proceeds from the issuance of common stock under employee stock purchase plan $519k $1.3m $1.4m $1.3m $1.3m
Repurchase of common stock $0 $0 ($7.6m) ($23.5m) ($1.0m) ($23.0m)
Net cash used in financing activities $61.3m ($179.1m) ($247.8m) ($10.6m) ($81.7m) ($138.6m) ($63.3m)
Effect of exchange rate changes on cash and cash equivalents $2.3m $6.6m ($4.8m) ($1.9m) $2.6m ($4.9m) $3.6m
Net change in cash and cash equivalents ($14.2m) $5.4m ($61.4m) $27.4m ($5.4m) ($55.2m) $41.1m
Cash and cash equivalents at beginning of year $122.8m $128.2m $66.8m $94.2m $88.7m $33.5m $74.7m
Taxes paid related to net share settlement $0 $0 ($4.1m) ($1.9m) ($2.7m) ($4.0m)