2U, Inc. (TWOU)

2U, Inc. Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	-317.61	-322.15	-194.77	-216.48	-235.22
Depreciation & Amortization	132.73	149.17	127.38	111.62	81.57
Share-Based Compensation	39.69	80.22	97.77	82.04	51.5
Other Operating Activities	141.76	103.69	-48.46	52.42	50.18
Operating Cash Flow	-3.43	10.93	-18.07	29.6	-51.97
Capital Expenditures	-6.02	-11.76	-9.79	-6.52	-13.42
Acquisitions	0.2	4.9	-760.92	-0.02	-388.05
Change in Investments	0	0	37.82	0	15
Other Investing Activities	-44.01	-62.5	-60.55	-62.78	-64.92
Investing Cash Flow	-49.83	-69.35	-793.43	-69.33	-451.4
Share Issuance / Repurchase	2.21	2.41	10.07	307.93	6.5
Debt Issued / Paid	-56.14	-6.49	553.57	64.36	242.77
Other Financing Activities	-1.09	-2.85	-18.78	-4.78	-4.75
Financing Cash Flow	-55.02	-6.93	544.86	367.51	244.52
Exchange Rate Effect	-0.9	-1.98	-2.31	1.21	-1.05
Net Cash Flow	-109.18	-67.33	-268.96	329	-259.9
Free Cash Flow	-9.45	-0.83	-27.86	23.09	-65.4
Free Cash Flow Margin	-1.00%	-0.09%	-2.95%	2.98%	-11.38%
Free Cash Flow Per Share	-3.50	-0.32	-11.21	10.31	-31.95

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).