Teladoc health, inc. (TDOC)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Cash flows used in operating activities:
Net loss

-98,317

-98,864

-104,699

-107,617

-103,372

-97,084

-116,588

-124,654

-114,990

-106,782

-76,660

-75,102

-74,566

-74,216

-74,962

-58,436

-60,621

-58,020

0

0

0

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization

44,617

44,952

43,417

41,746

38,912

35,602

33,447

30,119

24,741

19,095

14,290

10,479

9,369

8,270

7,219

6,103

5,468

4,863

0

0

0

Allowance for doubtful accounts

3,129

2,665

2,425

1,999

1,878

2,243

1,923

2,225

2,573

1,731

1,785

1,747

1,941

2,412

2,586

2,505

2,360

2,034

0

0

0

Stock-based compensation

71,494

66,702

60,928

55,769

49,460

43,769

48,055

41,826

35,332

30,597

16,153

12,463

9,532

7,723

6,177

4,619

3,552

3,075

0

0

0

Deferred income taxes

-11,016

-10,868

-10,628

-2,461

-4,334

-2,247

-2,438

-1,863

-1,041

-306

375

637

498

510

521

495

656

36

0

0

0

Accretion of interest

26,237

25,438

25,316

24,207

22,529

19,487

16,713

13,981

9,418

6,382

3,495

115

115

262

248

554

550

460

0

0

0

Changes in operating assets and liabilities:
Accounts receivable

24,852

15,884

15,782

14,141

14,444

10,931

8,008

6,500

6,588

3,659

4,571

1,582

2,247

2,900

4,895

6,660

6,976

6,795

0

0

0

Due from officer

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Prepaid expenses and other current assets

2,934

2,685

3,175

821

2,861

2,612

942

3,243

974

2,003

2,427

561

713

826

753

417

-93

957

0

0

0

Other assets

-2

105

14

267

415

414

140

82

-138

-98

0

0

0

-

-

-

-

-5

0

0

0

Accounts payable

431

905

-2,010

-1,388

114

-391

1,959

3,990

1,288

1,534

670

-191

35

-813

-2,108

-6,067

-3,104

-612

0

0

0

Accrued expenses and other current liabilities

21,876

14,841

17,444

14,638

16,687

3,993

2,421

2,302

5,162

4,292

7,593

1,050

-2,623

-2,301

2,395

-2,257

1,270

3,457

0

0

0

Accrued compensation

2,485

4,546

4,676

3,159

4,660

8,480

4,792

220

-2,228

3,768

2,632

3,119

3,011

1,688

394

-456

313

2,887

0

0

0

Operating lease liabilities

-3,225

-2,417

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

1,514

643

-2,194

-1,685

-1,716

745

0

0

0

-

-

1,670

783

641

-2,456

738

1,873

1,588

0

0

0

Net cash used in operating activities

31,441

29,869

14,223

10,914

1,119

-4,860

-14,611

-36,537

-35,805

-34,441

-34,700

-38,362

-47,199

-51,875

-57,145

-58,520

-54,028

-47,181

0

0

0

Cash flows provided by (used in) investing activities:
Purchase of property and equipment

3,901

3,510

4,126

3,244

4,025

4,011

3,322

3,349

2,570

2,633

3,033

2,629

2,453

2,108

1,912

3,587

6,185

6,275

0

0

0

Purchase of internal-use software

8,257

7,390

6,296

5,983

5,024

4,396

4,167

3,985

3,201

2,882

1,925

931

1,071

1,304

1,220

1,351

1,493

1,542

0

0

0

Purchase of marketable securities

-

-

-

-

-

-

-

-

-

149,261

119,629

34,912

41,981

44,146

0

0

0

-

-

-

-

Proceeds from marketable securities

43,100

52,100

43,865

38,895

68,170

84,170

119,403

134,046

96,013

85,753

60,933

60,645

75,601

110,717

0

0

0

-

-

-

-

Sale of assets

-6

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of business, net of cash acquired

20,187

11,187

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

17,767

0

0

0

Net cash (used in) provided by investing activities

5,749

25,013

-26,882

-39,615

-274,132

-257,496

-206,806

-647,127

-403,418

-448,379

-443,009

-14,840

-6,917

26,146

26,700

-66,218

-92,061

-108,203

0

0

0

Cash flows provided by financing activities:
Net proceeds from the exercise of stock options

39,318

33,283

29,944

31,258

31,533

31,322

30,039

22,286

18,285

10,837

7,311

6,250

3,223

2,524

2,311

757

896

428

0

0

0

Repayment of debt

-

-

-

-

-

-

-

-

-

226,440

51,690

18,541

18,853

17,166

0

0

0

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

258,554

0

0

0

-

-

-

-

-

-

-

-

Cash received for withholding taxes on stock-based compensation, net

-3,253

-1,569

-460

-665

14

1,721

-30

166

3,175

-74

-16

281

333

80

0

0

0

-

-

-

-

Net cash provided by financing activities

39,445

35,094

32,502

364,698

644,116

645,612

596,700

380,754

364,200

475,431

516,699

406,645

143,871

20,678

20,413

165,096

164,222

164,014

0

0

0

Net (decrease) increase in cash and cash equivalents

76,635

89,976

19,843

335,997

371,103

383,256

375,283

-302,910

-75,023

-7,389

38,990

353,443

89,755

-5,051

-10,032

40,358

18,133

8,630

0

0

0

Foreign exchange difference

-2,637

388

-2,155

-1,358

-2,324

-2,084

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid

1,287

1,310

1,049

691

412

441

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Interest paid

12,224

12,224

12,290

12,280

10,301

10,303

8,848

11,728

7,065

9,450

5,380

3,184

4,170

2,387

2,361

2,125

2,175

1,995

0

0

0