← QUINSTREET, INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — ($5.2m) ($68.9m) ($31.3m) $4.7m
Net Income (Loss) Attributable to Parent ($19.4m) ($12.2m) $15.9m $62.5m $18.1m $23.6m ($5.2m) ($68.9m) ($31.3m) $4.7m
Depreciation, Depletion and Amortization $15.1m $11.4m $7.8m $9.0m $11.5m $16.2m $17.0m $19.2m $24.0m $24.5m
Amortization of Intangible Assets $8.9m $6.2m $3.5m $5.6m $7.8m $11.9m $11.6m $11.1m $10.7m —
Depreciation $3.8m $2.3m $1.5m $1.1m $1.3m $1.8m $2.4m $2.8m $3.0m $24.5m
Depreciation Amortization Depletion — — — — — — $17.0m $19.2m $24.0m $24.5m
Deferred Income Tax Expense (Benefit) $17k $15k ($113k) ($52.2m) $3.5m $5.3m ($885k) $47.1m $505k —
Deferred Income Tax — — — — — — ($791k) $47.2m $597k $381k
Deferred Tax — — — — — — ($791k) $47.2m $597k $381k
Share-based Payment Arrangement, Noncash Expense $11.0m $8.9m $10.2m $14.1m $16.7m $19.6m $18.5m $18.8m $23.7m —
Payment, Tax Withholding, Share-based Payment Arrangement $2.5m $1.0m $6.5m $9.9m $6.4m $8.0m $7.3m $5.4m $6.7m —
Share-based Payment Arrangement, Expense — — — — — — — — — —
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — $0 $0 $2.0m —
Goodwill, Impairment Loss $0 $0 $0 $0 $0 — — $0 $0 —
Asset Impairment Charge — — — — — — $0 $0 $2.0m $0
Gain (Loss) on Disposition of Assets — — — — — — — — — —
Gain (Loss) on Disposition of Intangible Assets — $169k — — — — — — — —
Gain (Loss) on Disposition of Business — — — — $13.6m $16.6m $0 $0 — —
Income Tax Expense (Benefit) $134k ($1.1m) $574k ($51.8m) $584k $5.8m ($514k) $47.5m $935k —
Other Nonoperating Income (Expense) $112k ($2.4m) $687k $69k $12.9m $16.7m $21k ($52k) ($2.1m) —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $1.8m ($2.9m) $25.0m $8.3m ($11.4m) $20.1m ($5.5m) ($10.9m) $44.9m —
Increase (Decrease) in Accounts Payable ($505k) $5.4m $7.3m $4.5m $103k $6.6m ($2.9m) ($4.8m) $10.5m —
General and Administrative Expense $17.2m $15.9m $18.6m $29.8m $23.2m $26.3m $25.5m $27.9m $30.7m —
Goodwill $56.1m $56.1m $62.3m $82.5m $80.7m $117.8m $121.1m $121.1m $125.1m —
Investment Income, Interest $61k $138k $181k $290k $230k $39k $10k $296k $408k —
Payments of Financing Costs — — — — — — — — — —
Proceeds from Stock Options Exercised $26k — $11.0m $7.8m $4.1m $4.4m $1.9m $3.2m $3.5m —
Beginning Cash Position — — — — — — $110.3m $96.5m $73.7m $50.5m
Cash Flow From Continuing Financing Activities — — — — — — ($33.3m) ($19.5m) ($12.5m) ($23.0m)
Cash Flow From Continuing Investing Activities — — — — — — ($9.2m) ($15.1m) ($22.7m) ($11.4m)
Change In Account Payable — — — — — — ($2.9m) ($4.8m) $10.5m $13.8m
Change In Accrued Expense — — — — — — ($4.7m) ($7.5m) $25.4m $18.5m
Change In Other Current Assets — — — — — — ($788k) $124k ($875k) —
Change In Other Working Capital — — — — — — $308k ($332k) — —
Change In Payable — — — — — — ($2.9m) ($4.8m) $10.5m $13.8m
Change In Payables And Accrued Expense — — — — — — ($7.6m) ($12.2m) $35.8m $32.3m
Change In Prepaid Assets — — — — — — $3.0m ($4.8m) $3.0m ($1.8m)
Change In Receivables — — — — — — $5.5m $10.9m ($44.9m) ($26.2m)
Change In Working Capital — — — — — — $150k ($6.1m) ($6.1m) $4.2m
Changes In Account Receivables — — — — — — $5.5m $10.9m ($44.9m) ($26.2m)
Changes In Cash — — — — — — ($13.9m) ($22.7m) ($23.2m) $50.5m
End Cash Position — — — — — — $96.5m $73.7m $50.5m $101.1m
Financing Cash Flow — — — — — — ($33.3m) ($19.5m) ($12.5m) ($23.0m)
Free Cash Flow — — — — — — $21.2m ($3.2m) ($4.7m) $73.5m
Gain Loss On Sale Of Business — — — — — — $0 $0 — —
Investing Cash Flow — — — — — — ($9.2m) ($15.1m) ($22.7m) ($11.4m)
Net Business Purchase And Sale — — — — — — ($1.8m) $0 ($4.5m) $0
Net Intangibles Purchase And Sale — — — — — — ($4.7m) ($11.9m) ($11.4m) —
Other Non Cash Items — — — — — — ($1.5m) ($1.1m) ($1.6m) $17.2m
Proceeds From Stock Option Exercised — — — — — — $1.9m $3.2m $3.5m $4.0m
Provisionand Write Offof Assets — — — — — — $581k $2.7m $896k $2.2m
Purchase Of Business — — — — — — ($1.8m) $0 ($4.5m) $0
Purchase Of Intangibles — — — — — — ($4.7m) ($11.9m) ($11.4m) —
Repurchase Of Capital Stock — — — — — — ($15.3m) ($5.6m) ($2.3m) $0
Sale Of Business — — — — — — $0 $0 — —
Stock Based Compensation — — — — — — $18.5m $18.8m $23.7m $31.8m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax — — — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $1.0m $18.5m $27.0m $38.0m $47.6m $50.6m $28.7m $11.8m $12.0m $85.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.9m $1.2m $610k $2.0m $2.0m $2.0m $2.8m $3.1m $5.3m ($11.4m)
Capital Expenditure Reported — — — — — — ($7.5m) ($15.0m) ($16.7m) ($11.4m)
Payments to Acquire Investments — — — — — — — — — —
Net Investment Purchase And Sale — — — — — — $0 $0 — —
Purchase Of Investment — — — — — — $0 $0 — —
Payments for (Proceeds from) Other Investing Activities $17k $195k ($1.1m) ($56k) ($25k) $0 ($86k) $121k $1.5m —
Net Other Investing Changes — — — — — — $86k ($121k) ($1.5m) ($1k)
Net Cash Provided by (Used in) Investing Activities ($5.2m) ($4.1m) ($15.8m) ($37.0m) $8.9m ($36.5m) ($9.2m) ($15.1m) ($22.7m) —
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — — — — — — — — — —
Repayments of Long-term Debt — — — — — — — — — —
Net Common Stock Issuance — — — — — — ($15.3m) ($5.6m) ($2.3m) $0
Payments for Repurchase of Common Stock $0 $2.5m $647k $0 $0 $0 $15.3m $5.6m $2.3m —
Common Stock Payments — — — — — — ($15.3m) ($5.6m) ($2.3m) $0
Net Other Financing Charges — — — — — — ($19.9m) ($17.0m) ($13.7m) ($27.0m)
Net Cash Provided by (Used in) Financing Activities ($2.5m) ($18.5m) $3.9m ($4.1m) ($11.6m) ($11.3m) ($33.3m) ($19.5m) ($12.5m) —
Effect Of Exchange Rate Changes — — — — — — ($12k) ($15k) $18k $50k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — ($33k) $105k ($3.1m) $45.0m $2.8m ($13.9m) ($22.8m) ($23.2m) —
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($13.9m) ($22.8m) ($23.2m) $50.6m
Income Tax Paid Supplemental Data — — — — — — $396k $372k $470k $576k
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $0 $0 — — — — — —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.