← Compass, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Depreciation and amortization | $40.9m | $51.2m | $64.4m | $86.3m | $90.0m | $82.4m | $112.7m | |
| Amortization of debt issuance costs | $0 | $300k | $1.1m | $900k | $700k | $700k | $1.0m | |
| Operating lease right-of-use assets and operating lease liabilities | $21.8m | $34.6m | $2.4m | $5.8m | ($1.2m) | ($17.4m) | ($12.0m) | |
| Net loss | ($388.0m) | ($270.2m) | ($494.1m) | ($601.5m) | ($320.1m) | ($154.5m) | ($58.7m) | |
| Stock-based compensation | $37.4m | $43.2m | $386.3m | $234.5m | $158.2m | $127.5m | $202.7m | |
| Equity in (income) loss of unconsolidated entities | — | $0 | $1.3m | $12.2m | $3.3m | $600k | ($7.1m) | |
| Change in acquisition-related contingent consideration | ($9.9m) | $8.9m | ($4.7m) | ($2.2m) | $2.6m | $6.0m | ($200k) | |
| Bad debt expense | $6.8m | $16.0m | $8.9m | $7.3m | $4.4m | ($2.1m) | ($600k) | |
| Accounts receivable | ($18.2m) | ($16.3m) | $8.5m | $6.5m | ($3.5m) | ($8.0m) | $7.1m | |
| Compass Concierge receivables | ($84.8m) | $16.6m | $9.4m | ($11.7m) | $18.0m | ($800k) | ($1.0m) | |
| Other current assets | ($45.0m) | $19.4m | ($40.0m) | $17.6m | $21.4m | $21.3m | $1.7m | |
| Other non-current assets | $6.3m | ($4.9m) | ($11.8m) | $9.8m | $9.1m | $7.0m | ($6.8m) | |
| Accounts payable | $9.2m | ($6.5m) | ($3.3m) | ($4.8m) | ($9.8m) | ($6.3m) | ($2.8m) | |
| Commissions payable | $21.6m | $29.1m | ($300k) | ($15.9m) | $11.6m | $23.1m | $5.3m | |
| Accrued expenses and other liabilities | $24.9m | $20.5m | $43.3m | ($36.5m) | ($10.6m) | $42.0m | ($24.6m) | |
| Investment in unconsolidated entities | — | $0 | ($5.0m) | ($15.0m) | ($1.2m) | ($2.0m) | ($3.9m) | |
| Payments for acquisitions, net of cash acquired | ($38.2m) | ($25.6m) | ($137.4m) | ($15.0m) | $700k | ($18.9m) | ($174.0m) | |
| Proceeds from exercise of stock options | $7.6m | $15.9m | $26.9m | $9.0m | $4.5m | $9.5m | $17.8m | |
| Proceeds from drawdowns on credit facility | $0 | $11.4m | $39.5m | $209.0m | $130.4m | $48.7m | $117.9m | |
| Repayments of drawdowns on credit facility | $0 | ($3.0m) | ($31.7m) | ($43.3m) | ($287.5m) | ($49.9m) | ($118.8m) | |
| Payments of issuance costs related to Credit Facilities | — | ($1.3m) | ($1.9m) | — | $0 | $0 | ($4.1m) | |
| Payments related to acquisitions, including contingent consideration | ($700k) | ($3.2m) | ($10.7m) | ($17.5m) | ($14.6m) | ($3.4m) | ($7.4m) | |
| Other | — | ($1.2m) | ($1.9m) | ($600k) | ($1.5m) | ($100k) | $2.6m | |
| Net cash provided by (used in) operating activities | ($377.0m) | ($58.1m) | ($28.6m) | ($291.7m) | ($25.9m) | $121.5m | $216.7m | |
| Capital expenditures | ($74.1m) | ($43.3m) | ($50.1m) | ($70.1m) | ($11.2m) | ($15.7m) | ($13.4m) | |
| Net cash used in investing activities | $389.9m | ($13.4m) | ($192.5m) | ($100.1m) | ($11.7m) | ($36.6m) | ($191.3m) | |
| Proceeds from issuance of common stock under the Employee Stock Purchase Plan | — | $0 | $0 | $2.3m | $2.5m | $2.2m | $2.9m | |
| Proceeds from issuance of common stock in connection with the Strategic Transaction | — | — | $0 | $0 | $32.3m | $0 | $0 | |
| Issuance of common stock for acquisitions | $100k | $1.2m | $10.1m | $3.6m | $17.9m | $26.6m | $264.3m | |
| Net cash used in financing activities | $350.2m | $19.9m | $399.3m | $135.4m | ($157.4m) | ($28.0m) | ($50.2m) | |
| Net (decrease) increase in cash and cash equivalents | $363.1m | ($51.6m) | $178.2m | ($256.4m) | ($195.0m) | $56.9m | ($24.8m) | |
| Cash and cash equivalents at beginning of period | $128.6m | $491.7m | $440.1m | $361.9m | $166.9m | $223.8m | $199.0m | |
| Cash paid for interest | — | $200k | $1.3m | $2.3m | $9.0m | $3.4m | $5.6m | |
| Taxes paid related to net share settlement of equity awards | — | $0 | ($62.4m) | ($23.5m) | ($23.5m) | ($35.0m) | ($61.1m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.