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Blend Labs (Blend Labs) Cash Flow from Operations : $-84.8 Mil (TTM As of Mar. 2024)


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What is Blend Labs Cash Flow from Operations?

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Mar. 2024, Blend Labs's Net Income From Continuing Operations was $-20.7 Mil. Its Depreciation, Depletion and Amortization was $1.4 Mil. Its Change In Working Capital was $11.2 Mil. Its cash flow from deferred tax was $0.0 Mil. Its Cash from Discontinued Operating Activities was $0.0 Mil. Its Asset Impairment Charge was $0.0 Mil. Its Stock Based Compensation was $8.1 Mil. And its Cash Flow from Others was $-3.9 Mil. In all, Blend Labs's Cash Flow from Operations for the three months ended in Mar. 2024 was $-3.9 Mil.


Blend Labs Cash Flow from Operations Historical Data

The historical data trend for Blend Labs's Cash Flow from Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Blend Labs Cash Flow from Operations Chart

Blend Labs Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Flow from Operations
-58.94 -65.01 -127.50 -190.42 -127.62

Blend Labs Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash Flow from Operations Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -46.65 -34.39 -25.89 -20.69 -3.87

Blend Labs Cash Flow from Operations Calculation

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Blend Labs's Cash Flow from Operations for the fiscal year that ended in Dec. 2023 is calculated as:

Blend Labs's Cash Flow from Operations for the quarter that ended in Mar. 2024 is:


Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-84.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blend Labs  (NYSE:BLND) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Blend Labs's net income from continuing operations for the three months ended in Mar. 2024 was $-20.7 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

Blend Labs's depreciation, depletion and amortization for the three months ended in Mar. 2024 was $1.4 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Blend Labs's change in working capital for the three months ended in Mar. 2024 was $11.2 Mil. It means Blend Labs's working capital increased by $11.2 Mil from Dec. 2023 to Mar. 2024 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Blend Labs's cash flow from deferred tax for the three months ended in Mar. 2024 was $0.0 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

Blend Labs's cash from discontinued operating Activities for the three months ended in Mar. 2024 was $0.0 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Blend Labs's asset impairment charge for the three months ended in Mar. 2024 was $0.0 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Blend Labs's stock based compensation for the three months ended in Mar. 2024 was $8.1 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Blend Labs's cash flow from others for the three months ended in Mar. 2024 was $-3.9 Mil.


Blend Labs Cash Flow from Operations Related Terms

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Blend Labs (Blend Labs) Business Description

Industry
Traded in Other Exchanges
N/A
Address
415 Kearny Street, San Francisco, CA, USA, 94108
Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segments are 1) Blend Platform comprises a suite of products that power the entire origination process from back-end workflows to consumer experience. 2) Title365 enables customers to streamline the title, settlement, and closing process at scale for mortgages, home equity lines of credit, and home equity loans. The majority of revenue is earned from the blend platform segment.
Executives
Amir Jafari officer: Head of Finance and Admin. 415 KEARNY STREET, SAN FRANCISCO CA 94108
Nima Ghamsari director, officer: Chief Executive Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Oxana Tkach officer: Principal Accounting Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Winnie Ling officer: Head of Legal 415 KEARNY STREET, SAN FRANCISCO CA 94108
Dean Klinger officer: Head of Go-To-Market 415 KEARNY STREET, SAN FRANCISCO CA 94108
Crystal Sumner officer: Head of Legal, Compliance,Risk 415 KEARNY STREET, SAN FRANCISCO CA 94108
Erin N Lantz director 2343 42ND AVE EAST, SEATTLE WA 98112
Marc S. Greenberg officer: Head of Finance 415 KEARNY STREET, SAN FRANCISCO CA 94108
Manish K. Gupta officer: Principal Accounting Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Timothy J Mayopoulos director, officer: President C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Jonathan Y. Chan officer: Principal Accounting Officer 415 KEARNY STREET, SAN FRANCISCO CA 94108
Ciara Burnham director 3110 MAIN STREET, SUITE 400, SANTA MONICA CA 90405
Ossa Investments Pte. Ltd. 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Gerald C. Chen director 415 KEARNY STREET, SAN FRANCISCO CA 94108
Erin James Collard director 415 KEARNY STREET, SAN FRANCISCO CA 94108