Exela technologies, inc. (XELA)

CashFlow / TTM
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14
Cash flows from operating activities
Net loss

-281,880

-177,395

-168,430

-162,517

-136,768

-218,268

-212,598

-204,285

-193,796

-83,304

-63,725

-48,103

-50

-197

-253

-371

-289

-219

0

0

0

Adjustments to reconcile net loss
Depreciation and amortization

118,383

126,310

135,486

145,485

137,539

130,549

115,589

98,890

0

0

0

-

-

-

-

-

-

-

-

-

-

Original issue discount and debt issuance cost amortization

11,581

11,390

11,170

10,913

10,658

10,525

11,401

12,280

0

0

0

-

-

-

-

-

-

-

-

-

-

Provision for doubtful accounts

4,699

4,244

3,086

2,767

2,519

2,165

902

500

0

0

0

-

-

-

-

-

-

-

-

-

-

Deferred income tax provision

8,673

7,270

3,593

3,352

-33,226

-66,635

-66,515

-66,723

0

0

0

-

-

-

-

-

-

-

-

-

-

Share-based compensation expense

10,034

10,211

9,486

7,647

6,813

7,421

7,392

6,743

0

0

0

-

-

-

-

-

-

-

-

-

-

Foreign currency remeasurement

-687

-264

822

1,180

1,435

746

-372

-1,382

0

0

0

-

-

-

-

-

-

-

-

-

-

Gain on sale of Meridian

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Loss (gain) on sale of assets

-69

-745

-1,851

-2,095

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Fair value adjustment for interest rate swap

7,881

6,520

2,465

-2,540

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income on restricted cash and cash equivalents held in Trust Account

-

-

-

-

-

-

-

-

-

-

-

-

709

-241

252

155

101

-51

0

0

0

Change in operating assets and liabilities, net of effect from acquisitions
Accounts receivable

9,444

-1,118

17,185

19,319

8,422

24,596

14,622

4,832

0

0

0

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-5,327

-43

-2,115

2,820

3,331

-2,819

-781

-2,628

0

0

0

-

-

-

-

-

-

-

-

-

-

Prepaid insurance

-

-

-

-

-

-

-

-

-

-

-

-

-74

170

-74

47

93

-58

0

0

0

Accounts payable and accrued liabilities

-15,247

-50,511

-9,553

5,157

-2,651

85,685

48,759

69,551

57,782

33,567

10,963

9,033

-50

-165

31

67

113

240

0

0

0

Related party payables

-10,523

-11,955

-7,988

-6,710

-3,718

10,474

8,324

4,907

0

0

0

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-902

-22,570

13,401

30,457

32,976

38,446

-897

23,455

60,888

105,801

76,574

72,147

-735

-840

-399

-508

-371

-142

0

0

0

Cash flows from investing activities
Purchase of property, plant and equipment

16,792

18,900

19,687

20,072

21,516

21,275

18,352

14,440

0

0

0

-

-

-

-

-

-

-

-

-

-

Additions to internally developed software

9,432

9,330

8,225

7,438

4,575

5,227

6,407

7,843

0

0

0

-

-

-

-

-

-

-

-

-

-

Additions to outsourcing contract costs

16,429

14,297

11,517

7,552

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of Meridian

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of assets

2,833

2,574

3,573

3,568

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds released from Trust Account

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Proceeds deposited in trust account

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

350,000

350,000

350,000

0

0

0

Net cash used in investing activities

-73,117

-75,618

-70,666

-66,304

-39,709

-461,773

-456,836

-452,374

-472,269

-41,388

-35,783

-31,602

0

0

0

-349,999

-350,000

-350,000

0

0

0

Cash flows from financing activities
Change in bank overdraft

-

-

-

-

-

-

-

-210

0

0

0

-

-

-

-

-

-

-

-

-

-

Repurchases of common stock

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings from other loans

10,217

10,949

10,260

11,557

3,144

2,260

1,971

3,116

0

0

0

-

-

-

-

-

-

-

-

-

-

Redemption of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Repayment of note payable to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-325

-325

-325

0

0

0

Proceeds from issuance of common stock to initial stockholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Cash paid for equity issuance costs

-

-

-

7,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net borrowings under factoring arrangement

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contribution from Shareholders

-

-

-

-

-

-

-

20,548

0

0

0

-

-

-

-

-

-

-

-

-

-

Borrowings from senior secured revolving facility

130,500

68,000

56,000

30,000

30,000

30,000

59,100

72,600

0

0

0

-

-

-

-

-

-

-

-

-

-

Repayments on senior secured revolving facility

91,500

68,000

26,000

30,000

30,000

30,000

59,000

72,500

0

0

0

-

-

-

-

-

-

-

-

-

-

Principal payments on finance lease obligations

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal repayments on senior secured term loans and other loans

32,588

31,093

29,925

28,719

15,722

17,206

26,477

39,316

0

0

0

-

-

-

-

-

-

-

-

-

-

Proceeds from note payable to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

140

325

0

0

0

Proceeds from initial public offering, net of costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

342,628

342,628

342,628

0

0

0

Proceeds from private placement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,000

9,000

9,000

0

0

0

Net cash provided by (used in) financing activities

38,949

34,100

31,059

-1,910

-7,847

457,162

454,790

475,727

439,314

-47,964

-35,705

-43,255

0

0

0

351,388

351,434

351,469

0

0

0

Effect of exchange rates on cash

647

643

35

122

-460

-221

528

429

0

0

0

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-34,422

-63,445

-26,171

-37,635

-15,041

33,614

-2,415

47,237

26,209

14,630

2,983

-4,769

-734

-839

-399

880

1,062

1,327

0

0

0

Supplemental cash flow data:
Income tax payments, net of refunds received

9,512

9,144

8,130

7,827

8,334

7,543

6,776

5,711

0

0

0

-

-

-

-

-

-

-

-

-

-

Interest paid

141,453

140,963

140,457

146,076

145,671

113,409

104,970

69,622

0

0

0

-

-

-

-

-

-

-

-

-

-

Noncash investing and financing activities:
Assets acquired through right-of-use arrangements

14,954

13,911

14,585

14,920

14,211

14,573

11,337

6,973

0

0

0

-

-

-

-

-

-

-

-

-

-

Accrued capital expenditures

1,909

2,759

2,528

2,820

103

1,739

2,624

1,621

0

0

0

-

-

-

-

-

-

-

-

-

-

Deferred underwriters' fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,250

12,250

12,250

0

0

0

Ordinary shares subject to possible conversion related to the Company's public offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Change in shares subject to possible redemption

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-