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TASK (TaskUs) Cash Flow from Operations : $138.0 Mil (TTM As of Sep. 2024)


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What is TaskUs 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 Sep. 2024, TaskUs's Net Income From Continuing Operations was $12.7 Mil. Its Depreciation, Depletion and Amortization was $14.7 Mil. Its Change In Working Capital was $-17.3 Mil. Its cash flow from deferred tax was $-0.4 Mil. Its Cash from Discontinued Operating Activities was $0.0 Mil. Its Asset Impairment Charge was $0.0 Mil. Its Stock Based Compensation was $10.6 Mil. And its Cash Flow from Others was $-3.3 Mil. In all, TaskUs's Cash Flow from Operations for the three months ended in Sep. 2024 was $17.0 Mil.


TaskUs Cash Flow from Operations Historical Data

The historical data trend for TaskUs'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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TaskUs Cash Flow from Operations Chart

TaskUs Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Flow from Operations
43.79 58.87 -32.67 147.10 143.67

TaskUs Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only 21.68 39.78 51.18 30.03 17.02

TaskUs 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.

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

TaskUs's Cash Flow from Operations for the quarter that ended in Sep. 2024 is:


Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $138.0 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.


TaskUs  (NAS:TASK) 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.

TaskUs's net income from continuing operations for the three months ended in Sep. 2024 was $12.7 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

TaskUs's depreciation, depletion and amortization for the three months ended in Sep. 2024 was $14.7 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.

TaskUs's change in working capital for the three months ended in Sep. 2024 was $-17.3 Mil. It means TaskUs's working capital declined by $17.3 Mil from Jun. 2024 to Sep. 2024 .

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

TaskUs's cash flow from deferred tax for the three months ended in Sep. 2024 was $-0.4 Mil.

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

TaskUs's cash from discontinued operating Activities for the three months ended in Sep. 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.

TaskUs's asset impairment charge for the three months ended in Sep. 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.

TaskUs's stock based compensation for the three months ended in Sep. 2024 was $10.6 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).

TaskUs's cash flow from others for the three months ended in Sep. 2024 was $-3.3 Mil.


TaskUs Cash Flow from Operations Related Terms

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TaskUs Business Description

Industry
Traded in Other Exchanges
Address
1650 Independence Drive, Suite 100, New Braunfels, TX, USA, 78132
TaskUs Inc is a provider of outsourced digital services and next-generation customer experience to inventive and disruptive technology companies. It serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech.
Executives
Stephan Daoust officer: Chief Operating Officer C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Jarrod Johnson officer: Chief Customer Officer C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Jacqueline D Reses director C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Kelly L Tuminelli director TRINET GROUP, INC., ONE PARK PLACE, STE 600, DUBLIN CA 94568
Jill A Greenthal director MARTHA STEWART LIVING OMNIMEDIA INC, 11 WEST 42ND STREET 25TH FLOOR, NEW YORK NY 10036
Rajnish Sinha officer: Chief People Officer C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Michelle H Gonzalez director C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Claudia F Walsh officer: General Counsel C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Bcp Fc Aggregator L.p. 10 percent owner C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Jaspar Weir director, 10 percent owner, officer: President C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bryce Maddock director, 10 percent owner, officer: Chief Executive Officer C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Amit Dixit director C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Susir Kumar director C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Steven Amaya officer: See Remarks C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132