NUTANIX, INC. NTNX Cash Flow

Nutanix, inc. (NTNX)

CashFlow / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
-851,015	-756,214	-621,179	-514,210	-390,071	-329,939	-297,161	-275,924	-287,085	-300,823	-379,638	-303,169	-253,154	-209,990	-108,233	0	0	0
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization
88,147	83,891	77,612	70,029	62,292	55,152	50,302	46,478	43,242	41,160	38,399	35,367	32,758	29,423	26,408	0	0	0
Stock-based compensation
335,280	322,230	306,729	288,718	238,832	208,278	177,868	160,277	165,682	176,278	231,491	198,362	153,055	105,398	20,056	0	0	0
Change in fair value of contingent consideration
-37	-33	-832	116	737	-3,504	-2,423	-1,623	-2,503	2,020	1,924	0	0	0	-	-	-	-
Amortization of debt discount and issuance costs
30,296	29,800	29,313	28,833	28,362	21,833	14,685	0	0	0	-	-	-	-	-	-	-	-
Operating lease cost, net of accretion
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of convertible preferred stock warrant liability
-	-	-	-	-	-	-	-	-	-	21,133	19,696	21,033	18,358	-2,004	0	0	0
Loss on debt extinguishment
-	-	-	-	-	-	-	-	-	-	-3,320	-3,320	-3,320	-3,320	0	0	0	0
Other
1,901	1,924	2,786	2,613	2,224	1,852	962	23	-448	-712	-764	-917	-913	-640	-129	0	0	0
Changes in operating assets and liabilities:
Accounts receivable, net
-277	-22,799	-15,704	47,232	65,204	63,102	79,273	23,848	28,142	23,843	67,382	105,952	97,762	98,803	71,406	0	0	0
Deferred commissions
59,100	49,918	39,333	36,470	30,406	40,123	40,852	38,519	42,036	27,683	24,006	22,222	20,616	21,975	21,724	0	0	0
Prepaid expenses and other assets
-13,522	-7,925	12,037	37,136	51,037	40,870	37,374	-9,422	14,998	16,029	14,873	32,667	8,255	2,201	3,460	0	0	0
Accounts payable
2,526	17,424	13,508	8,399	7,645	-8,673	-16,469	-17,595	-6,622	9,724	21,280	56,004	39,361	30,901	19,985	0	0	0
Accrued compensation and benefits
33,429	29,309	14,406	13,811	11,150	15,408	27,877	4,387	38,665	21,949	32,687	37,890	21,036	14,352	10,709	0	0	0
Accrued expenses and other liabilities
2,549	-15,784	-17,454	4,262	12,851	27,146	34,295	-1,430	5,854	4,106	5,116	6,337	3,982	-1,255	-1,209	0	0	0
Operating leases, net
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
276,725	273,474	278,517	298,053	301,415	292,512	262,027	207,424	174,136	133,146	144,564	116,210	132,548	145,058	134,385	0	0	0
Net cash provided by operating activities
-124,800	-33,819	42,168	74,560	124,342	132,266	92,540	76,680	47,379	20,717	14,779	10,269	28,691	13,412	3,636	0	0	0
Cash flows from investing activities:
Maturities of investments
590,547	616,795	588,763	610,156	510,130	404,950	297,461	172,482	127,883	100,126	84,156	95,064	103,050	106,860	102,135	0	0	0
Purchases of investments
717,714	709,852	468,144	555,221	700,381	737,075	716,417	571,882	308,077	214,185	242,525	177,025	192,349	179,727	106,345	0	0	0
Sales of investments
0	0	-	-	0	0	-	-	-	-	32,640	32,640	32,640	31,638	0	0	0	0
Purchases of property and equipment
85,520	106,823	118,452	111,098	102,762	74,239	62,372	58,473	57,558	56,231	50,181	46,672	46,889	44,567	42,294	0	0	0
Payments for business combinations, net of cash and restricted cash acquired
355	355	19,017	18,452	40,889	40,889	22,227	22,792	0	0	184	184	184	184	0	0	0	0
Net cash provided by (used in) investing activities
-188,895	-192,365	-16,850	-74,615	-333,902	-447,253	-503,555	-480,665	-237,752	-169,288	-176,094	-96,177	-103,732	-85,980	-46,504	0	0	0
Cash flows from financing activities:
Proceeds from sales of shares through employee equity incentive plans, net of repurchases
62,332	63,293	69,210	71,101	68,555	76,669	72,010	73,778	66,893	56,013	32,254	0	0	0	-	-	-	-
Payment of debt in conjunction with business combinations
0	0	991	1,259	2,687	2,687	1,696	1,428	0	0	7,124	7,124	7,124	7,124	0	0	0	0
Payment of issuance costs related to convertible senior notes
0	0	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-
Payments of offering costs
-	-	-	-	-	-	85	193	193	-441	1,717	2,004	2,136	4,626	3,186	0	0	0
Proceeds from initial public offering, net of underwriting discounts and commissions
-	-	-	-	-	-	-	-	-	-	254,455	254,455	254,455	254,455	0	0	0	0
Proceeds from exercise of stock options, net of repurchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Repayment of senior notes
-	-	-	-	-	-	-	-	-	-	75,000	75,000	75,000	75,000	0	0	0	0
Debt extinguishment costs
-	-	-	-	-	-	-	-	-	-	1,580	1,580	1,580	1,580	0	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	134	221	217	467	980	0	0	0
Net cash provided by financing activities
61,292	62,253	67,104	68,377	65,161	582,294	578,616	580,951	575,780	56,515	201,422	195,968	245,438	243,170	74,198	0	0	0
Net increase in cash, cash equivalents and restricted cash
-252,403	-163,931	92,422	68,322	-144,399	267,307	167,601	176,966	385,407	-92,056	40,107	110,060	170,397	170,602	31,330	0	0	0
Supplemental disclosures of cash flow information:
Cash paid for income taxes
16,171	32,868	28,999	28,809	30,062	11,960	10,116	9,692	6,946	6,581	5,213	3,921	3,310	2,325	2,455	0	0	0
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	1,271	3,459	3,459	3,459	2,188	0	0	0
Supplemental disclosures of non-cash investing and financing information:
Issuance of common stock in connection with business combinations
327	327	103,305	103,305	166,758	166,758	63,780	63,780	0	0	27,063	27,063	27,063	27,063	0	0	0	0
Purchases of property and equipment included in accounts payable and accrued liabilities
13,045	4,557	8,074	15,830	17,797	22,077	13,444	10,380	3,281	7,642	5,591	6,571	6,219	4,732	5,007	0	0	0
Vesting of early exercised stock options
63	113	183	268	366	502	681	891	1,129	1,364	1,614	1,840	2,130	2,655	3,205	0	0	0
Offering costs included in accounts payable
-	-	-	-	-	-	-	-	-	-	85	-27	150	-503	902	0	0	0
Conversion of convertible preferred stock to common stock, net of issuance costs
-	-	-	-	-	-	-	-	-	-	310,379	310,379	310,379	310,379	0	0	0	0
Reclassification of convertible preferred stock warrant liability to additional paid-in capital
-	-	-	-	-	-	-	-	-	-	30,812	30,812	30,812	30,812	0	0	0	0