|
Net Income
|
|
($19.3m)
|
($36.1m)
|
($33.5m)
|
($14.8m)
|
($65.0m)
|
($71.5m)
|
$3.7m
|
$18.2m
|
$21.0m
|
|
Depreciation Expense
|
|
$1.1m
|
$2.2m
|
$3.6m
|
$4.3m
|
$6.9m
|
$10.2m
|
$6.0m
|
$10.5m
|
$14.7m
|
|
Amortization of premium and accretion of discount on marketable securities, net
|
|
—
|
—
|
($988k)
|
$1.1m
|
$7.9m
|
$6.4m
|
($730k)
|
($4.8m)
|
($1.1m)
|
|
Deferred tax assets, net
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
($22.5m)
|
($3.8m)
|
|
Share-based compensation
|
|
$1.4m
|
$11.6m
|
$8.9m
|
$15.8m
|
$55.4m
|
$71.8m
|
$68.7m
|
$73.9m
|
$51.4m
|
|
Impairment of intangible assets
|
|
—
|
—
|
—
|
$0
|
$0
|
$27.6m
|
$0
|
$0
|
$2.4m
|
|
Impairment of lease ROU asset
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$211k
|
$0
|
$0
|
|
Interest Expense
|
|
$158k
|
$148k
|
$131k
|
$115k
|
$107k
|
$246k
|
$145k
|
$118k
|
$214k
|
|
Operating lease ROU assets and liabilities
|
|
—
|
—
|
$0
|
$1.1m
|
$253k
|
($1.5m)
|
($205k)
|
($104k)
|
$417k
|
|
Gain from sale of subsidiary
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$750k
|
|
Revaluation of earn-outs
|
|
—
|
—
|
—
|
$398k
|
$11.8m
|
($12.2m)
|
($570k)
|
$3.2m
|
$15.6m
|
|
User funds
|
|
—
|
($39.7m)
|
($16.2m)
|
($42.0m)
|
($29.7m)
|
($15.3m)
|
($8.6m)
|
($1.7m)
|
($6.5m)
|
|
Other receivables
|
|
$11k
|
($143k)
|
($1.6m)
|
($1.8m)
|
($6.2m)
|
($4.8m)
|
($2.9m)
|
($18.3m)
|
$5.8m
|
|
Trade payables
|
|
($145k)
|
$808k
|
$240k
|
($127k)
|
$4.7m
|
($113k)
|
($3.2m)
|
($409k)
|
$2.6m
|
|
Deferred revenue
|
|
—
|
—
|
$3.2m
|
$2.7m
|
$4.1m
|
($792k)
|
($306k)
|
$2.3m
|
($1.5m)
|
|
User accounts
|
|
$9.1m
|
$7.5m
|
$13.3m
|
$39.0m
|
$26.6m
|
$14.4m
|
$9.2m
|
($512k)
|
$7.8m
|
|
Payment of earn-out
|
|
—
|
—
|
—
|
—
|
—
|
($1.1m)
|
$0
|
($4.4m)
|
($2.5m)
|
|
Escrow Payment for contingent consideration
|
|
—
|
—
|
$0
|
($2.0m)
|
($507k)
|
($504k)
|
$0
|
($12.2m)
|
($5.7m)
|
|
Account payables, accrued expenses and other
|
|
$2.4m
|
$1.9m
|
$8.7m
|
$10.7m
|
$13.4m
|
$4.0m
|
$9.3m
|
$8.0m
|
$2.5m
|
|
Non-current liabilities
|
|
$356k
|
$130k
|
$398k
|
$208k
|
—
|
$0
|
$1.1m
|
$3.0m
|
$996k
|
|
Investment in marketable securities
|
|
—
|
—
|
($214.3m)
|
($431.2m)
|
($282.4m)
|
($141.7m)
|
($309.2m)
|
($87.3m)
|
($55.7m)
|
|
Proceeds from Investments
|
|
—
|
—
|
$105.0m
|
$183.2m
|
$193.8m
|
$130.7m
|
$273.2m
|
$159.2m
|
$352.2m
|
|
Investment in short-term bank deposits
|
|
—
|
$30.5m
|
($15.0m)
|
($74.4m)
|
($41.1m)
|
$0
|
$46.9m
|
($66.4m)
|
($5.1m)
|
|
Proceeds from short-term bank deposits
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$46.9m
|
$8.2m
|
$107.8m
|
|
Acquisition of intangible asset
|
|
—
|
—
|
$0
|
($1.2m)
|
$0
|
($175k)
|
$0
|
($1.1m)
|
$0
|
|
Purchase of property and equipment
|
|
($2.2m)
|
($767k)
|
($1.0m)
|
($2.1m)
|
($1.7m)
|
($1.2m)
|
($1.1m)
|
($1.3m)
|
($647k)
|
|
Capitalization of internal-use software
|
|
($1.2m)
|
($830k)
|
($739k)
|
($711k)
|
($894k)
|
($1.0m)
|
($60k)
|
($103k)
|
($661k)
|
|
Other receivables and non-current assets
|
|
$2.5m
|
($142k)
|
($40k)
|
$107k
|
$0
|
($1.3m)
|
$0
|
($300k)
|
$0
|
|
Repurchases of ordinary shares
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($100.1m)
|
($32.5m)
|
|
Proceeds from Stock Issuance
|
|
$396k
|
$53.1m
|
$4.3m
|
$9.2m
|
$8.3m
|
$3.8m
|
$2.8m
|
$3.3m
|
$3.4m
|
|
Proceeds from (payments of) withholding tax related to employees’ exercises of share options and RSUs, net
|
|
—
|
—
|
—
|
$11.3m
|
($9.0m)
|
($2.0m)
|
$87k
|
$859k
|
($153k)
|
|
Repayment of convertible notes at maturity
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($460.0m)
|
|
Non-cash contingent consideration (Earn-out)
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$1.7m
|
|
Issuance of shares under employee share purchase plan
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$3.5m
|
$3.5m
|
$3.8m
|
|
Lease liabilities arising from obtaining right-of-use assets
|
|
—
|
—
|
$0
|
$19.0m
|
$229k
|
$359k
|
$465k
|
$1.2m
|
$1.0m
|
|
Net cash provided by operating activities
|
|
($5.3m)
|
($51.7m)
|
($13.9m)
|
$17.1m
|
$38.0m
|
$30.1m
|
$83.2m
|
$83.1m
|
$104.6m
|
|
Acquisition of business, net of cash acquired
|
|
—
|
($2.7m)
|
($10.0m)
|
$0
|
($97.1m)
|
$0
|
$0
|
($39.7m)
|
($20.1m)
|
|
Repayment of debt to previous shareholder of the acquired business
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($4.0m)
|
$0
|
|
Net cash provided by (used in) investing activities
|
|
$5.1m
|
$26.1m
|
($136.1m)
|
($326.4m)
|
($229.5m)
|
($14.6m)
|
$9.8m
|
($28.8m)
|
$378.6m
|
|
Net cash provided by (used in) financing activities
|
|
$1.3m
|
$53.9m
|
$118.0m
|
$551.8m
|
($2.4m)
|
($1.6m)
|
$2.9m
|
($104.2m)
|
($491.8m)
|
|
Exchange rate fluctuations and other items, net
|
|
($225k)
|
($77k)
|
$65k
|
($1.1m)
|
$242k
|
$31k
|
$71k
|
$226k
|
($391k)
|
|
Effect of exchange rate fluctuations on cash and cash equivalents
|
|
$627k
|
($190k)
|
$245k
|
$1.3m
|
($130k)
|
($32k)
|
($29k)
|
($230k)
|
$344k
|
|
Increase (decrease) in cash and cash equivalents
|
|
$1.7m
|
$28.1m
|
($31.8m)
|
$243.9m
|
($194.0m)
|
$13.8m
|
$95.8m
|
($50.2m)
|
($8.3m)
|
|
Cash and cash equivalents at the beginning of the year
|
|
$27.9m
|
$56.0m
|
$24.2m
|
$268.0m
|
$74.1m
|
$87.9m
|
$183.7m
|
$133.5m
|
$125.2m
|
|
Cash paid for income taxes
|
|
$309k
|
$146k
|
$36k
|
$0
|
$78k
|
$235k
|
$589k
|
$5.7m
|
$7.9m
|