Pathward Financial
a a at i solar alternative energy | Pathward Financial
Company
Deck Type
Sector
Industry
Deck date
April 2021
Slide
20 of 33
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free cash flow during the quarter grew to million or million excluding acquisition related expenses a significant increase from negative million in this quarter was our second highest quarterly free cash flow ever and we generated more cash this quarter than in any prior period is historically the low point of our fiscal year for free cash flow as we typically deploy the majority of annual investment in branding activities during the quarter including our super bowl campaign in each of the past three years we continue to generate positive free cash flow at scale due to our ability to efficiently acquire new subscriptions leveraging managed hosting limits our needs relative to our peers and provides our management greater flexibility to focus on developing the products and services that differentiate our platform our cash balance at the end of was million compared to million at the end of we ended with million in long term debt as we transferred the balance of a long term business loan from as part of our acquisition agreement with the company we ended with employees of which are from acquisitions of and made during the quarter our basic share count at the end of was approximately million and our fully diluted share count was approximately million shares this share count includes shares granted to employees from and upon the acquisition row | Wix
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