7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 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 
      
    		                 
      cash flows from operating activities
    		                 
      net income
    		17,744,000 14,707,000 13,813,000 13,149,000 14,430,000 9,364,000 7,226,000 9,400,000 6,377,000 5,839,000 704,000 957,000 -737,000 -2,451,000 1,718,000 4,665,000 422,000 
      adjustments to reconcile net income to net cash from operating activities
    		                 
      depreciation and amortization
    		10,268,000 10,483,000 10,740,000 9,657,000 9,321,000 8,969,000 8,537,000 8,286,000 7,772,000 7,303,000 7,239,000 6,545,000 6,158,000 5,886,000 5,474,000 4,708,000 3,647,000 
      deferred income taxes
    		5,034,000 -978,000 -1,013,000 -16,000 -1,510,000 85,000 92,000 135,000 91,000 95,000 92,000 350,000 -9,000 -4,728,000 1,406,000 -3,351,000 278,000 
      stock-based compensation
    		5,159,000 4,728,000 3,042,000 1,566,000 3,168,000 3,323,000 2,933,000 2,499,000 2,456,000 2,276,000 2,159,000 2,114,000 2,002,000 1,344,000 1,276,000 1,251,000 754,000 
      amortization of capitalized warrants cost
    		572,000 565,000 559,000               
      non-cash lease expense
    		600,000 585,000 573,000 583,000 608,000 692,000 506,000 443,000 442,000 442,000 462,000 432,000 583,000 365,000 755,000 366,000 483,000 
      amortization of capitalized contract acquisition cost
    		511,000 455,000 418,000               
      benefit from expected credit losses
    		    -44,000 110,000 48,000 210,000 112,000 5,000 -239,000       
      other non-cash adjustments
    		   0 0             
      change in operating assets and liabilities
    		                 
      accounts and other receivables
    		-5,413,000 1,834,000 18,386,000 -12,004,000 -21,068,000 -5,999,000 -7,850,000 -1,731,000 -7,806,000 9,198,000 -8,333,000 -5,144,000 -9,938,000 -1,123,000 -8,082,000 -6,922,000 -2,870,000 
      prepaid expenses and other assets
    		-8,499,000 1,363,000 -377,000               
      accounts payable
    		11,418,000 -3,175,000 5,691,000 -524,000 6,399,000 2,157,000 5,793,000 1,738,000 2,929,000 -1,947,000 3,297,000 1,791,000 -230,000 -1,711,000 4,916,000 -462,000 4,301,000 
      accrued and other liabilities
    		2,308,000 4,699,000 -7,120,000               
      operating lease liabilities
    		-636,000 -621,000 -604,000 -597,000 -583,000 -627,000 -446,000 -453,000 -448,000 -447,000 -469,000 -434,000 -456,000 -172,000 -770,000 -372,000 -498,000 
      contract liabilities
    		5,000 315,000 401,000 786,000 -830,000 -1,081,000 28,000 -1,593,000 -625,000 -204,000 2,061,000 3,219,000 5,000 132,000 -57,000 91,000 82,000 
      income taxes receivable, net of payable
    		-1,010,000 -5,079,000 4,492,000 1,178,000 -3,091,000 -4,353,000 3,008,000 1,992,000 384,000 -400,000 -1,018,000 1,059,000 281,000 4,855,000 -4,651,000 -1,176,000 -923,000 
      net cash from operating activities
    		35,076,000 31,479,000 50,441,000 27,913,000 6,737,000 18,030,000 10,954,000 24,441,000 13,143,000 26,481,000 4,763,000 14,724,000 -1,949,000 3,844,000 3,248,000 136,000 6,600,000 
      capex
    		-9,351,000 -9,004,000 -9,338,000 -8,962,000 -8,948,000 -9,274,000 -9,392,000 -8,449,000 -158,000 -286,000 -8,286,000 -7,600,000 -8,161,000 -7,998,000 -7,261,000 -5,981,000 -4,998,000 
      free cash flows
    		25,725,000 22,475,000 41,103,000 18,951,000 -2,211,000 8,756,000 1,562,000 15,992,000 12,985,000 26,195,000 -3,523,000 7,124,000 -10,110,000 -4,154,000 -4,013,000 -5,845,000 1,602,000 
      cash flows from investing activities
    		                 
      purchases of property and equipment
    		-103,000 -116,000 -60,000 -81,000 -72,000 -188,000 -116,000 -89,000 -158,000 -286,000 -67,000 -94,000 -368,000 -265,000 -530,000 -154,000 -261,000 
      purchases of interest-bearing deposits
    		-720,000                 
      proceeds from matured interest-bearing deposits
    		0 496,000 1,051,000 940,000 1,376,000 588,000 602,000           
      capitalized internal-use software development costs
    		-9,248,000 -8,888,000 -9,278,000 -8,881,000 -8,876,000 -9,086,000 -9,276,000 -8,360,000   -8,219,000 -7,506,000 -7,793,000 -7,733,000 -6,731,000 -5,827,000 -4,737,000 
      net cash from investing activities
    		-10,071,000 -9,421,000 -8,287,000 -9,144,000 -8,828,000 -9,276,000 -9,513,000 -8,449,000 -8,886,000 -8,678,000 -8,286,000 -10,892,000 -8,286,000 -8,098,000 -7,284,000 -6,391,000 -62,118,000 
      cash flows from financing activities
    		                 
      proceeds from exercise of stock-based awards
    		6,000 40,000 51,000 182,000 19,000 37,000 100,000 181,000 234,000 196,000 5,000 21,000      
      payments of taxes withheld on net settled vesting of restricted stock units
    		-3,411,000 -1,821,000 -1,943,000               
      settlement of holdback liability related to prior acquisitions
    		   0 -39,000 0 -506,000           
      net cash from financing activities
    		-3,405,000 -1,781,000 -1,892,000 182,000 -20,000 37,000 -406,000 181,000 234,000 -488,000 -1,122,000 -80,223,000 18,722,000 21,855,000 2,363,000 -7,461,000 4,724,000 
      effect of exchange rate changes on cash and cash equivalents and restricted cash
    		-171,000 120,000 -25,000 -325,000 16,000 -63,000 -78,000 130,000 -67,000 130,000 -17,000       
      net increase in cash, cash equivalents and restricted cash
    		21,429,000 20,397,000 40,237,000 18,626,000 -2,095,000 8,728,000 957,000 16,303,000 4,424,000   -76,230,000 8,255,000 17,494,000 -1,663,000 -13,748,000  
      cash and cash equivalents and restricted cash at the beginning of period
    		0 0 209,411,000 0 0 0 183,195,000           
      cash and cash equivalents and restricted cash at the end of period
    		21,429,000 20,397,000 249,648,000 18,626,000 -2,095,000 8,728,000 184,152,000           
      reconciliation of cash and cash equivalents and restricted cash:
    		                 
      cash and cash equivalents at the beginning of period
    		0 0 205,900,000 0 0 0 179,361,000           
      restricted cash at the beginning of period
    		0 0 3,511,000 0 0 0 3,834,000           
      cash and cash equivalents at the end of period
    		21,486,000 20,573,000 245,849,000 18,358,000 -1,268,000 8,672,000 180,138,000           
      restricted cash at the end of period
    		-57,000 -176,000 3,799,000 268,000 -827,000 56,000 4,014,000           
      supplemental disclosure of cash flow information:
    		                 
      cash paid for income taxes, net of refunds
    		819,000 9,748,000 508,000  4,673,000 7,312,000 434,000  449,000 653,000 616,000 251,000 237,000 11,000 173,000 179,000 1,358,000 
      non-cash investing activities:
    		                 
      right-of-use assets obtained in exchange of operating lease obligations
    		0    370,000 -1,000 97,000  0 0 1,356,000       
      benefit from expected credit losses and credit adjustments
    		 1,598,000 1,440,000               
      unpaid capitalized internal-use software development costs and equipment in accounts payable
    		  102,000               
      accrued liabilities
    		   7,356,000 3,921,000 4,048,000 -8,166,000 2,100,000 3,297,000 3,640,000 -2,749,000 1,010,000 -225,000 1,753,000 862,000 -193,000 -394,000 
      business combinations, net of cash and restricted cash acquired
    		               -280,000  
      other intangible assets acquired
    		           -32,000 -125,000 -100,000 -23,000   
      financial institution funds in-transit
    		           -77,601,000 18,276,000 22,543,000 3,339,000 -4,628,000  
      payments on other financing obligations
    		       0 0 -684,000 -1,025,000 -2,576,000 -655,000 -916,000 -915,000 -3,080,000 -715,000 
      payments on finance leases
    		       0 0 0 -102,000 -67,000 -66,000 -61,000 -74,000 -68,000 -68,000 
      restricted funds held for financial institutions at the beginning of period
    		                 
      amortization of contract asset
    		    514,000 430,000 451,000 802,000 756,000 745,000 696,000 711,000 529,000 351,000 467,000 246,000 246,000 
      prepaid expenses and other current and long-term assets
    		    -4,498,000 912,000 -993,000 613,000 -2,594,000 -64,000 861,000 2,065,000 56,000 -749,000 -161,000 1,179,000 1,072,000 
      purchase of interest-bearing deposits
    		    -1,256,000 -590,000 -723,000           
      other non-recurring income
    		      -213,000           
      property and equipment purchases in accounts payable
    		      87,000  3,000 -106,000 119,000   -40,000 123,000 121,000  
      software purchases in accounts payable
    		      16,000           
      proceeds from initial public offering, net of underwriter's discounts and commissions
    		               0 0 
      proceeds from private placement
    		               0 0 
      redemption of series a preferred stock
    		               0 0 
      payment of dividends on series a preferred stock
    		               0 0 
      proceeds from repayment of related party loan
    		               0 0 
      payments of deferred offering costs
    		               0 -1,105,000 
      cash and cash equivalents and restricted cash beginning of period
    		       0 0 0 149,685,000       
      cash and cash equivalents and restricted cash end of period
    		       16,303,000 4,424,000 17,445,000 145,023,000       
      cash and cash equivalents at beginning of period
    		       0 0 0 147,334,000       
      restricted cash at beginning of period
    		       0 0 0 2,351,000       
      restricted funds held for financial institutions at beginning of period
    		                 
      cash and cash equivalents and restricted cash at beginning of period
    		       0 0 0 149,685,000       
      cash and cash equivalents at end of period
    		       17,299,000 2,994,000 15,431,000 143,637,000       
      restricted cash at end of period
    		       -996,000 1,430,000 2,014,000 1,386,000       
      restricted funds held for financial institutions at end of period
    		                 
      cash and cash equivalents and restricted cash at end of period
    		       16,303,000 4,424,000 17,445,000 145,023,000       
      prepaid insurance funded through short-term borrowings
    		           200,000 3,076,000   0 3,621,000 
      issuance of warrant and change in estimate of warrants expected to vest
    		           0      
      capitalized software development costs
    		                 
      net decrease in cash, cash equivalents and restricted cash
    		          -4,662,000       
      benefit from credit losses
    		           49,000 32,000 92,000 95,000   
      foreign currency effect on cash, cash equivalents and restricted cash
    		           161,000 -232,000 -107,000 10,000 -32,000  
      cash, cash equivalents and restricted cash
    		                 
      beginning of period
    		           0 0 0 201,829,000 0 0 
      end of period
    		           -76,230,000 8,255,000 17,494,000 200,166,000 -13,748,000 -50,813,000 
      fair value of class a common stock issued for acquisitions
    		               1,372,000  
      business acquisition liability in accrued liabilities and finance leases and other finance obligations, net of current portion
    		               -1,373,000  
      non-cash financing activities:
    		                 
      property and equipment acquired through finance lease liabilities
    		                 
      intangibles acquired through other financing obligations
    		                 
      proceeds from exercise of stock options
    		             289,000 13,000   
      issuance of warrant
    		               0 304,000 
      unpaid deferred offering costs
    		                 
      change in operating assets and liabilities, net of impact of business combination
    		                 
      proceeds from issuance of common shares
    		                 
      proceeds from issuance of series a preferred shares
    		                 
      payment on debt assumed in acquisitions
    		                 
      foreign currency effect on cash and cash equivalents
    		                 
      net increase in cash and cash equivalents
    		                 
      cash and cash equivalents
    		                 
      property and equipment purchases in accounts payable and other payables
    		                 
    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.