7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 
      
    		                  
      operating activities
    		                  
      net income
    		39,200,000 -50,800,000 -40,400,000 -1,900,000 20,800,000 -133,000,000 -83,800,000 -39,200,000 -46,900,000 -150,200,000 -158,000,000 -154,100,000 -101,100,000 -188,300,000 -174,800,000 -99,800,000 -7,100,000 -212,400,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                  
      depreciation and amortization
    		29,400,000 28,800,000 19,700,000 20,500,000 21,400,000 20,800,000 21,500,000 21,300,000 22,300,000 24,900,000 21,200,000 21,000,000 25,400,000 18,700,000 19,300,000 16,700,000 14,900,000 13,500,000 
      stock-based compensation
    		55,200,000 30,400,000 31,200,000 32,500,000 30,900,000 32,900,000 36,300,000 38,000,000 39,000,000 44,900,000 61,400,000 50,100,000 59,200,000 63,800,000 93,400,000 71,100,000 54,300,000 167,500,000 
      equity in (income) loss of unconsolidated entities
    		-1,700,000 -800,000                 
      change in acquisition related contingent consideration
    		-2,100,000 600,000 4,700,000 400,000 400,000 500,000 1,500,000 500,000   -300,000 -1,600,000 -700,000 400,000 -300,000 -3,900,000 2,700,000 -3,200,000 
      bad debt expense
    		100,000 400,000  -1,000,000 200,000 700,000 -200,000 1,800,000 1,800,000 1,000,000 2,100,000 1,800,000 1,900,000 1,500,000 0 2,700,000 3,200,000 3,000,000 
      amortization of debt issuance costs
    		300,000 200,000 200,000 100,000 200,000 200,000 100,000 200,000 200,000 200,000 200,000 200,000 200,000 300,000 200,000 300,000 300,000 300,000 
      changes in operating assets and liabilities:
    		                  
      accounts receivable
    		-29,700,000 -4,400,000 -1,100,000 12,400,000 -6,700,000 -12,600,000 4,800,000 15,800,000 -3,200,000 -20,900,000 -4,600,000 25,600,000 4,100,000 -18,600,000 6,900,000 12,000,000 -8,400,000 -2,000,000 
      compass concierge receivables
    		-3,500,000 -10,600,000 10,300,000 -1,700,000 -3,400,000 -6,000,000 10,100,000 2,000,000 4,100,000 1,800,000 17,400,000 -2,200,000 -12,100,000 -14,800,000 16,500,000 -3,800,000 -2,600,000 -700,000 
      other current assets
    		4,400,000 -1,800,000 5,300,000 3,600,000 6,400,000 6,000,000 7,800,000 1,200,000 8,700,000 3,700,000 15,800,000 16,800,000 -5,100,000 -9,900,000 -10,400,000 -11,400,000 -7,500,000 -10,700,000 
      other non-current assets
    		-400,000 -2,500,000 2,400,000 300,000 1,300,000 3,000,000 -2,400,000 2,100,000 3,700,000 5,700,000 7,900,000 5,200,000 -1,800,000 -1,500,000 1,600,000 -2,600,000 -3,400,000 -7,400,000 
      operating lease right-of-use assets and operating lease liabilities
    		-3,700,000 -2,100,000 -4,300,000 -5,000,000 -4,400,000 -3,700,000 -8,800,000 -1,900,000 9,300,000 200,000 0 1,900,000 -7,700,000 11,600,000 800,000 -400,000 900,000 1,100,000 
      accounts payable
    		100,000 600,000 -700,000 -4,400,000 400,000 -1,600,000 -4,000,000 -900,000 1,400,000 -6,300,000 -10,700,000 -4,700,000 7,300,000 3,300,000 -900,000 3,200,000 -1,700,000 -3,900,000 
      commissions payable
    		53,000,000 11,800,000 -1,900,000 -21,200,000 31,800,000 14,400,000 -17,400,000 -20,000,000 40,100,000 8,900,000 -18,100,000 -29,700,000 16,700,000 15,200,000 -9,100,000 -19,000,000 35,700,000 -7,900,000 
      accrued expenses and other liabilities
    		-67,800,000 23,300,000 7,200,000 3,300,000 -54,700,000 86,200,000 -4,900,000 -6,300,000 -28,500,000 29,100,000 -56,800,000 13,600,000 1,500,000 5,200,000 -21,400,000 39,100,000 10,100,000 15,500,000 
      net cash from operating activities
    		72,800,000 23,100,000 30,500,000 37,400,000 45,000,000 8,600,000 -38,700,000 15,000,000 53,300,000 -55,500,000 -117,800,000 -53,600,000 -9,300,000 -111,000,000 -76,900,000 4,200,000 91,400,000 -47,300,000 
      investing activities
    		                  
      investment in unconsolidated entities
    		                  
      capital expenditures
    		-4,800,000 -3,600,000 -3,800,000 -4,600,000 -4,600,000 -2,700,000 -2,300,000 -2,800,000 -2,600,000 -3,500,000 -13,200,000 -15,500,000 -20,600,000 -20,800,000 -16,500,000 -13,500,000 -10,100,000 -10,000,000 
      free cash flows
    		68,000,000 19,500,000 26,700,000 32,800,000 40,400,000 5,900,000 -41,000,000 12,200,000 50,700,000 -59,000,000 -131,000,000 -69,100,000 -29,900,000 -131,800,000 -93,400,000 -9,300,000 81,300,000 -57,300,000 
      payments for acquisitions, net of cash acquired
    		-11,100,000 -160,900,000 0 -900,000       0 0 -11,200,000 -3,800,000 -10,100,000 -23,500,000 -44,600,000 -59,200,000 
      net cash from investing activities
    		-17,400,000 -164,500,000 -3,800,000 -6,300,000 -23,000,000 -3,500,000 -3,500,000 -2,100,000 -2,600,000 -3,500,000 -13,200,000 -18,000,000 -39,300,000 -29,600,000 -31,600,000 -37,000,000 -54,700,000 -69,200,000 
      financing activities
    		                  
      proceeds from exercise of stock options
    		1,000,000 6,100,000 3,600,000 1,100,000 1,400,000 3,400,000  1,300,000 1,900,000 1,000,000         
      proceeds from issuance of common stock under employee stock purchase plan
    		0 1,300,000  1,100,000 0 1,100,000  1,100,000 0 1,400,000         
      taxes paid related to net share settlement of equity awards
    		-14,200,000 -14,400,000 -13,200,000 -7,700,000 -6,700,000 -7,400,000 -5,600,000 -7,600,000 -4,300,000 -6,000,000 -4,000,000 -5,700,000 -6,400,000 -7,400,000     
      proceeds from drawdowns on concierge facility
    		                  
      repayments of drawdowns on concierge facility
    		                  
      proceeds from drawdowns on revolving credit facility
    		      0 0 0 75,000,000         
      repayments of drawdowns on revolving credit facility
    		      0 -150,000,000           
      capital contributions from non-controlling interests
    		                  
      payments related to acquisitions, including contingent consideration
    		-900,000 -200,000 -500,000 -400,000 -600,000 -1,900,000 -2,500,000 -1,900,000 -2,300,000 -7,900,000 -3,600,000 -7,200,000       
      net cash from financing activities
    		-5,100,000 44,600,000 -14,100,000 -5,700,000 -2,100,000 -6,100,000 -10,900,000 -128,300,000 -78,900,000 60,700,000 138,000,000 -4,000,000 3,200,000 -1,800,000 -64,600,000 13,500,000 444,400,000 6,000,000 
      net increase in cash and cash equivalents
    		  12,600,000 25,400,000 19,900,000 -1,000,000    1,700,000 7,000,000 -75,600,000   -173,100,000 -19,300,000   
      cash and cash equivalents at beginning of period
    		0 223,800,000 0 0 0 166,900,000 0 0 0 361,900,000 0 0 0 618,300,000 0 0 0 440,100,000 
      cash and cash equivalents at end of period
    		50,300,000 127,000,000 12,600,000 25,400,000 19,900,000 165,900,000 -53,100,000 -115,400,000 -28,200,000 363,600,000 7,000,000 -75,600,000 -45,400,000 475,900,000 -173,100,000 -19,300,000 481,100,000 329,600,000 
      supplemental disclosures of cash flow information:
    		                  
      cash paid for interest
    		2,500,000 1,200,000 600,000 1,000,000 900,000 900,000 1,000,000 1,600,000 3,500,000 2,900,000 800,000 600,000 500,000 400,000 600,000 200,000 400,000 100,000 
      supplemental non-cash information:
    		                  
      issuance of common stock for acquisitions
    		2,600,000 250,100,000 0 4,100,000 18,000,000 4,500,000 7,300,000 2,400,000 0 8,200,000 1,600,000 1,200,000   0 0 5,800,000 4,300,000 
      cash consideration
    		                  
      share consideration
    		                  
      total consideration transferred
    		                  
      proceeds from drawdowns on concierge credit facility
    		 10,500,000 10,700,000 14,400,000 14,900,000 8,700,000 10,700,000 15,400,000 18,700,000 10,600,000 12,000,000 20,300,000 17,500,000 9,200,000 9,900,000 14,100,000 9,200,000 6,300,000 
      repayments of drawdowns on concierge credit facility
    		 -8,700,000 -14,600,000 -14,200,000 -11,100,000 -10,000,000 -13,800,000 -17,900,000 -17,600,000 -13,200,000 -16,600,000 -14,200,000 -5,400,000 -7,100,000 -12,400,000 -6,500,000 -8,300,000 -4,500,000 
      proceeds from drawdown on revolving credit facility
    		 50,000,000                 
      net decrease in cash and cash equivalents
    		 -96,800,000      -115,400,000      -142,400,000    -110,500,000 
      equity in loss of unconsolidated entity
    		  -100,000 -500,000 400,000 800,000 700,000 400,000 700,000 1,500,000 4,700,000 2,500,000 2,900,000 2,100,000     
      bad debt allowance
    		                  
      investment in unconsolidated entity
    		  0 -800,000 0 -1,200,000     0 -2,500,000 -7,500,000 -5,000,000     
      proceeds from issuance of common stock under the employee stock purchase plan
    		                  
      proceeds from issuance of common stock in connection with the strategic transaction
    		      0            
      other
    		      0 -1,000,000 -300,000 -200,000         
      cash acquired, net of payments for acquisitions
    		     400,000             
      proceeds from exercise and early exercise of stock options
    		          400,000 900,000 2,200,000 5,500,000 7,800,000 2,900,000 1,800,000 14,400,000 
      proceeds from issuance of common stock upon initial public offering, net of offering costs
    		              0 0   
      conversion of convertible preferred stock in connection with initial public offering
    		              0 0   
      conversion of series d convertible preferred stock
    		              0 0 0 67,600,000 
      proceeds from sales and maturities of marketable securities
    		                  
      payments of debt issuance costs for credit facilities
    		              0    
      proceeds from capital contribution of non-controlling interest
    		                  
      opening balance
    		                  
      acquisitions
    		                  
      payments and issuances
    		                  
      fair value gains included in net income
    		                  
      closing balance
    		                  
      payments of contingent consideration related to acquisitions
    		             -2,000,000 -2,500,000 -1,500,000 -400,000 -6,300,000 
      payments of deferred offering costs
    		                 -2,500,000 
      purchases of marketable securities
    		                  
      proceeds from issuance of convertible preferred stock, net of issuance costs
    		                  
      payment of deferred offering costs
    		                  
      proceeds from capital contribution of non-controlling interest in originpoint, llc joint venture
    		                  
      payments of debt issuance costs for the revolving credit and guaranty agreement
    		                0 -1,400,000 
      property and equipment included in accounts payable
    		                 1,600,000 
      accrued consideration related to acquisitions
    		                 13,000,000 
      accrued deferred offering costs
    		                 6,700,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.