Sapiens International Corporation N.V. (SPNS)

SPNS Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	64.34	72.18	62.44	52.6	47.17	33.78
Depreciation & Amortization	16.01	13.95	15.66	16.4	20.99	16.83
Other Amortization	6.48	6.17	5.84	5.93	7.79	6.69
Loss (Gain) From Sale of Assets	0.01	0.02	0.2	0.03	-0.06	0.04
Asset Writedown & Restructuring Costs	-	-	-	-	1.44	0.35
Stock-Based Compensation	3.28	2.95	3.62	3.84	4.71	3.99
Other Operating Activities	0.33	0.14	0.42	0.34	0.15	0.38
Change in Accounts Receivable	-12.89	-12.5	3.96	-21.86	-13.94	-5.17
Change in Accounts Payable	3.27	2.13	-3.58	4.63	-0.53	-1.34
Change in Unearned Revenue	-2	-0.41	7.27	-7.74	4.93	2.99
Change in Other Net Operating Assets	8.15	3.53	-13.4	-0.24	9.79	-0.27
Operating Cash Flow	79.98	82.23	79.43	43.78	80.54	58.26
Operating Cash Flow Growth	1.54%	3.52%	81.42%	-45.64%	38.26%	-11.94%

Investing Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Capital Expenditures	-2.44	-2.88	-2.57	-2.76	-3.79	-2.63
Sale of Property, Plant & Equipment	0.22	0.2	0.05	0.05	1.11	0.01
Cash Acquisitions	-106.68	-0.38	-8.06	-3.47	0.83	-109.05
Sale (Purchase) of Intangibles	-7.2	-7.13	-6.7	-6.3	-8.06	-8.61
Investment in Securities	23.59	23.59	-55.5	0.03	10.03	-30.4
Other Investing Activities	16.01	-	-	-	-	22.89
Investing Cash Flow	-76.51	13.41	-72.78	-12.44	0.13	-127.79

Financing Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Short-Term Debt Issued	-	-	-	-	-	20
Long-Term Debt Issued	-	-	-	-	-	60.35
Total Debt Issued	-	-	-	-	-	80.35
Long-Term Debt Repaid	-	-19.8	-19.8	-19.8	-19.8	-29.9
Net Debt Issued (Repaid)	-19.8	-19.8	-19.8	-19.8	-19.8	50.45
Issuance of Common Stock	-	0.1	4.81	-	2.04	113.79
Common Dividends Paid	-39.07	-31.82	-28.14	-38.58	-	-
Other Financing Activities	-1.09	-4.76	-0.21	-	-1.95	-0.69
Financing Cash Flow	-59.95	-56.28	-43.34	-58.38	-39.96	156.51

Net Cash Flow

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Foreign Exchange Rate Adjustments	-7.47	-2.38	3.13	-2.92	-3.03	-0.71
Net Cash Flow	-63.95	36.97	-33.57	-29.96	37.68	86.27

Free Cash Flow

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Free Cash Flow	77.54	79.35	76.85	41.02	76.76	55.62
Free Cash Flow Growth	1.99%	3.25%	87.34%	-46.55%	38.00%	1.72%
Free Cash Flow Margin	13.74%	14.63%	14.94%	8.64%	16.65%	14.53%
Free Cash Flow Per Share	1.38	1.41	1.38	0.74	1.38	1.07
Levered Free Cash Flow	48.63	61.19	63.37	38.88	56.46	67.41
Unlevered Free Cash Flow	48.6	61.14	63.3	39.68	58.17	69.73

Additional Metrics

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash Interest Paid	1.04	1.04	0.75	1.47	3.5	-
Cash Income Tax Paid	25.61	25.61	29.89	12.85	9.05	16.33
Change in Working Capital	-10.46	-13.18	-8.76	-35.34	-1.65	-3.8

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jan 1, 2000

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