Marcus & Millichap Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-12.36	-34.04	104.23	142.47
Depreciation & Amortization	13.19	13.63	13.41	11.72
Asset Writedown & Restructuring Costs	3.4	-	-	-
Loss (Gain) From Sale of Investments	-	0.19	-0.09	-0.22
Stock-Based Compensation	23.79	24.15	17.31	10.36
Provision & Write-off of Bad Debts	0.58	-0.13	-0.05	0.17
Other Operating Activities	22.1	19.54	16.6	16.35
Change in Accounts Receivable	-3.45	-7.59	8.45	-10.83
Change in Accounts Payable	5.69	-2.96	-4.07	9.78
Change in Income Taxes	3.27	-0.62	-26.54	14.13
Change in Other Net Operating Assets	-34.49	-84.61	-115.62	61.98
Operating Cash Flow	21.71	-72.43	13.63	255.9
Operating Cash Flow Growth	-	-	-94.67%	571.87%
Capital Expenditures	-7.87	-9.37	-11.67	-6.86
Cash Acquisitions	-	-	-12.5	0.23
Investment in Securities	-1.95	84.33	-29.81	-101.98
Other Investing Activities	-0.08	-0.09	-0	0.25
Investing Cash Flow	-9.9	74.87	-53.98	-108.36
Issuance of Common Stock	0.85	0.66	0.71	0.65
Repurchase of Common Stock	-6.66	-43.88	-38.79	-3.35
Common Dividends Paid	-20.23	-20.1	-60.36	-
Other Financing Activities	-2.72	-4.36	-7.11	-3.22
Financing Cash Flow	-28.76	-67.68	-105.56	-5.92
Foreign Exchange Rate Adjustments	-0.37	0.12	-0.37	-2.64
Net Cash Flow	-17.31	-65.12	-146.27	138.99
Free Cash Flow	13.84	-81.8	1.96	249.05
Free Cash Flow Growth	-	-	-99.21%	699.69%
Free Cash Flow Margin	1.99%	-12.66%	0.15%	19.21%
Free Cash Flow Per Share	0.36	-2.12	0.05	6.20
Cash Interest Paid	0.58	0.48	0.61	0.75
Cash Income Tax Paid	0.47	0.67	69.85	48.56
Levered Free Cash Flow	19.32	-64.09	37.15	224.29
Unlevered Free Cash Flow	19.83	-63.54	37.59	224.65
Change in Working Capital	-28.98	-95.77	-137.78	75.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.