Majesco (MJCO)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14
Net cash flows from operating activities
Net Income

3,875

908

1,282

1,478

1,726

2,677

1,044

434

-3,069

-716

-1,650

-799

210

217

-550

-

-

-

-

-

-

-

-

Profit / (Loss) after tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,130

-976

82

-

-

-

-

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation on property and equipment

378

399

408

-

310

426

406

-

526

582

563

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

1,421

417

2,984

-635

1,266

228

-

-

-

-

Amortization of intangibles

822

819

817

-

796

431

626

-

659

714

705

-

240

-296

695

-

1,627

-196

655

-

-

-

-

Amortization of right-of-use asset

652

637

629

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

672

569

929

787

796

698

660

941

880

777

655

618

326

312

322

244

215

235

54

-

-

-

-

Profit on sale of assets

-

0

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized cash flow hedges

-93

163

-117

-

-

-

659

-

-

-

-9

-

25

-54

88

-

-35

226

147

-

-

-

-

Deferred income taxes

-281

296

825

-841

984

-43

-401

22

2,010

-2,460

-872

-

-

-

-

-

-

-

-

-

-

-

-

Change in operating assets and liabilities:
Accounts receivable

3,341

4,668

888

-3,220

957

535

-543

4,676

-2,787

777

4,101

-1,808

-2,292

996

-5,945

9,554

-1,716

-1,759

7,056

-

-

-

-

Unbilled accounts receivable

-392

-4,139

3,351

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

-33

724

-2,036

4,734

160

901

335

1,168

948

920

248

-

-

-

-

-

-

-

-

-

-

-

-

Decrease / (increase) in prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

133

-445

-

-1,526

2,273

-627

-

-

-

-

Other non-current assets

4

-178

-113

-

273

54

-44

-

70

-196

4

-

-

-

-

-

-

-

-

-

-

-

-

Decrease/(increase) in other non-current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-337

395

-

-

-

87

-

-

-

-

Accounts payable

718

-1,153

343

24

-971

236

399

-636

417

-146

-205

283

-515

-1,344

825

1,746

-143

-1,270

1,764

-

-

-

-

Lease liability

-638

-624

-617

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

986

1,473

-6,603

3,320

2,458

2,497

688

2,132

3,028

3,676

-1,706

-2,982

3,667

66

-2,210

-

-

-

-

-

-

-

-

Increase / (decrease) in accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

614

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

674

429

4,961

419

-1,482

-39

-

-

-

-

Deferred revenue and other non-current liabilities

5,561

662

1,070

-

1,210

-576

-48

-

1,165

-174

84

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

9,912

2,748

-2,894

-5,012

4,277

5,511

2,967

-2,619

6,009

730

-6,770

-

-

-

-

-

-

-

-

-

-

-

-

Net cash flows from investing activities
Net cash generated (used in) from operating activities

-

-

-

-

-

-

-

-

-

-

-

-

7,571

-214

5,835

343

2,081

-4,870

-3,305

9,334

-391

-1,404

-3,851

Purchase of property and equipment

23

395

77

739

449

359

143

257

312

284

313

112

682

513

797

1,941

265

470

199

307

206

155

107

Purchase of intangible assets

-

-

-

-

-

-

-

-

-

-

209

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of intangible assets

-

-

-

-

-

-

-

-

-

-

-

418

372

3

162

-

-

-

-

-

-

-

-

Proceeds from the sale of property and equipment

-

-

4

-

-

-

-

-

-

-

-

73

0

4

62

-

-

-

-

-

-

-

-

Proceeds from sale of intangible assets

-

-

-

-

-78

54

3

-

-

-

-

-

-

-

6

-

-

-

-

-

-

-

-

Cash from investments

-

-

-

-

-

-

-

-

-

-

24

-

-

-

-

-

-

-

-

-

-

-

-

Purchase consideration paid on acquisition of business (net of cash acquired)

0

0

3,530

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investments

7,132

6,254

9,026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investments

-3,171

14,368

13,763

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale/(Purchase) of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39

-

463

406

-270

-

-

-

-

Decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-1

-7

5

2

-1

-

-

-

-

-

-

-

-

Net cash used in investing activities

-10,322

6,916

1,134

-25,933

-7,602

-3,053

-140

493

-573

-212

-497

-

-

-

-

-

-

-

-

-

-

-

-

Net cash flows from financing activities
Proceeds from sale of Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,025

Cash acquired in business combination

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

213

0

2,990

-

-

-

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-57

-2,396

-929

-5,214

-963

-876

3,061

-9,578

-701

-155

2,918

Payment of capital lease obligations

-

-

-

0

69

67

67

66

66

75

188

-420

33

37

32

81

-25

5

1

13

5

4

7

Proceeds from share issued under ESPP and ESOP

489

402

475

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds of loan from bank

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,719

12,279

3,501

-

-

-

0

Repayment of loans from bank

15

115

315

-

41,684

32,296

324

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of loans

-

-

-

-

-

-

-

-

-

-

-

-

-

2,699

4,652

-

-

-

-

-

-

-

-

Receipt of loan proceeds

-

-

-

-

-

-

-

-

-

-

5,154

-

2,200

2,000

8,600

-

-

-

-

-

-

-

-

Net cash provided by/(used in) financing activities

474

287

160

31,026

2,080

-1,788

-391

658

-5,140

206

4,966

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in)/provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

167

-736

3,916

1,661

2,284

1,773

3,500

2,982

-5

-4

-7

Effect of exchange rate changes on cash and cash equivalents and restricted cash

240

107

-96

-

115

-63

120

-

212

92

118

-

-479

-42

-159

-134

-79

248

-252

245

-116

-75

54

Net increase in cash and cash equivalents

-

10,058

-1,696

-

-

607

2,556

-

508

816

-2,183

-

7,202

-3,388

8,663

-3,344

3,323

-3,725

3,004

2,983

-1,213

-1,638

-886

Supplementary disclosure of cash flow information
Income taxes paid

565

2,280

341

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-