Upwork Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016
Net Income	46.89	-89.89	-56.24	-22.87	-16.66	-19.91	-10.63	-16.23
Depreciation & Amortization	12.72	11.14	13.81	14.03	10.61	4.95	4.19	8.46
Share-Based Compensation	74.2	75.5	53.59	25.51	18.8	10.36	6.85	7.27
Other Operating Activities	-106.58	9.81	-0.32	5.69	-11.69	18.34	-10.91	3.65
Operating Cash Flow	27.22	6.56	10.84	22.37	1.06	13.74	-4	3.15
Operating Cash Flow Growth	315.02%	-39.47%	-51.55%	2013.89%	-92.30%	-	-	-
Capital Expenditures	-13.35	-8.73	-6.14	-14.37	-16.64	-6.84	-2.32	-0.85
Change in Investments	104.62	-60.74	-422.84	10.22	-84.29	0	0	0
Other Investing Activities	-3	-	-	-	-	-	-	0.37
Investing Cash Flow	88.27	-69.47	-428.98	-4.15	-100.92	-6.84	-2.32	-0.48
Share Issuance / Repurchase	6.09	5.44	11.97	35.94	24.55	111.32	2.51	0.27
Debt Issued / Paid	-171.33	0	500	-7.62	-5.68	-10	16.82	4.96
Other Financing Activities	50.93	0.65	25.77	26.32	10.54	10.74	8.41	-
Financing Cash Flow	-114.3	6.08	537.74	54.64	29.4	112.07	27.74	5.23
Net Cash Flow	1.19	-56.83	119.6	72.86	-70.46	118.97	21.42	7.91
Free Cash Flow	13.87	-2.17	4.7	8	-15.58	6.9	-6.32	2.3
Free Cash Flow Growth	-	-	-41.26%	-	-	-	-	-
Free Cash Flow Margin	2.01%	-0.35%	0.93%	2.14%	-5.18%	2.72%	-3.12%	1.40%
Free Cash Flow Per Share	0.10	-0.02	0.04	0.07	-0.14	0.13	-0.19	0.07

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).