Sequans Communications SA
NYSE:SQNS
Cash Flow Statement
Cash Flow Statement
Sequans Communications SA
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
(37)
|
(35)
|
(34)
|
(34)
|
(33)
|
(34)
|
(34)
|
(32)
|
(26)
|
(27)
|
(28)
|
(26)
|
(29)
|
(25)
|
(21)
|
(22)
|
(24)
|
(26)
|
(29)
|
(31)
|
(34)
|
(37)
|
(38)
|
(39)
|
(38)
|
(37)
|
(39)
|
(53)
|
(53)
|
(54)
|
(54)
|
(32)
|
(23)
|
(20)
|
(6)
|
(8)
|
(10)
|
(6)
|
(13)
|
(18)
|
(26)
|
|
Depreciation & Amortization |
6
|
6
|
6
|
6
|
6
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
6
|
6
|
6
|
6
|
6
|
7
|
7
|
8
|
8
|
8
|
9
|
9
|
10
|
10
|
11
|
11
|
11
|
10
|
10
|
11
|
12
|
13
|
13
|
12
|
|
Stock-Based Compensation |
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
4
|
4
|
5
|
5
|
5
|
6
|
5
|
6
|
7
|
7
|
|
Other Non-Cash Items |
2
|
2
|
2
|
2
|
2
|
2
|
1
|
2
|
0
|
4
|
9
|
7
|
10
|
6
|
3
|
6
|
7
|
7
|
8
|
7
|
8
|
10
|
10
|
11
|
10
|
11
|
13
|
28
|
30
|
32
|
35
|
16
|
8
|
7
|
(2)
|
2
|
10
|
9
|
11
|
9
|
6
|
|
Cash Taxes Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
0
|
3
|
3
|
3
|
4
|
|
Cash Interest Paid |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
2
|
2
|
2
|
2
|
6
|
5
|
5
|
5
|
2
|
2
|
1
|
2
|
1
|
1
|
|
Change in Working Capital |
(2)
|
2
|
0
|
5
|
7
|
3
|
7
|
0
|
1
|
1
|
5
|
9
|
1
|
(3)
|
(17)
|
(19)
|
(14)
|
(16)
|
(9)
|
(10)
|
(4)
|
(1)
|
(1)
|
1
|
1
|
23
|
20
|
22
|
12
|
(8)
|
6
|
2
|
(1)
|
(6)
|
(22)
|
(27)
|
(27)
|
(16)
|
(7)
|
(4)
|
12
|
|
Cash from Operating Activities |
(31)
N/A
|
(24)
+21%
|
(26)
-8%
|
(22)
+18%
|
(19)
+11%
|
(24)
-28%
|
(20)
+20%
|
(24)
-25%
|
(20)
+19%
|
(16)
+17%
|
(9)
+45%
|
(5)
+44%
|
(12)
-142%
|
(16)
-28%
|
(29)
-88%
|
(29)
0%
|
(25)
+14%
|
(29)
-13%
|
(25)
+14%
|
(28)
-14%
|
(24)
+14%
|
(23)
+6%
|
(21)
+6%
|
(19)
+10%
|
(19)
+2%
|
5
N/A
|
2
-61%
|
6
+217%
|
(2)
N/A
|
(19)
-1 176%
|
(2)
+87%
|
(4)
-51%
|
(5)
-47%
|
(9)
-56%
|
(20)
-140%
|
(23)
-11%
|
(15)
+34%
|
(2)
+88%
|
4
N/A
|
1
-86%
|
4
+590%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(3)
|
(4)
|
(3)
|
(5)
|
(5)
|
(6)
|
(6)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(12)
|
(13)
|
(14)
|
(17)
|
(24)
|
(27)
|
(29)
|
(29)
|
(26)
|
(23)
|
(23)
|
(24)
|
(24)
|
(26)
|
|
Other Items |
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(18)
|
(15)
|
(11)
|
(3)
|
(11)
|
5
|
9
|
(15)
|
22
|
10
|
(3)
|
18
|
2
|
0
|
|
Cash from Investing Activities |
(4)
N/A
|
(4)
-8%
|
(3)
+31%
|
(4)
-55%
|
(5)
-7%
|
(6)
-24%
|
(5)
+11%
|
(4)
+23%
|
(4)
-15%
|
(5)
-22%
|
(6)
-19%
|
(7)
-9%
|
(7)
+5%
|
(5)
+20%
|
(4)
+16%
|
(5)
-11%
|
(6)
-17%
|
(6)
-13%
|
(7)
-6%
|
(8)
-10%
|
(9)
-14%
|
(9)
-2%
|
(10)
-10%
|
(8)
+13%
|
(9)
-6%
|
(9)
-2%
|
(10)
-8%
|
(30)
-204%
|
(28)
+8%
|
(25)
+10%
|
(20)
+19%
|
(35)
-75%
|
(22)
+37%
|
(20)
+12%
|
(44)
-123%
|
(4)
+92%
|
(13)
-266%
|
(26)
-103%
|
(6)
+78%
|
(22)
-285%
|
(26)
-19%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
14
|
37
|
23
|
23
|
23
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
24
|
24
|
24
|
40
|
16
|
16
|
37
|
21
|
21
|
21
|
8
|
8
|
8
|
8
|
(0)
|
30
|
28
|
29
|
29
|
10
|
12
|
10
|
40
|
30
|
30
|
30
|
(0)
|
20
|
25
|
|
Net Issuance of Debt |
(1)
|
(0)
|
(0)
|
(0)
|
2
|
6
|
5
|
19
|
19
|
18
|
14
|
7
|
8
|
9
|
18
|
7
|
4
|
2
|
(4)
|
3
|
5
|
21
|
17
|
20
|
23
|
0
|
8
|
8
|
8
|
11
|
4
|
21
|
18
|
21
|
26
|
4
|
(2)
|
0
|
(2)
|
(4)
|
(1)
|
|
Other |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(6)
|
(5)
|
(5)
|
(5)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
|
Cash from Financing Activities |
13
N/A
|
37
+182%
|
23
-38%
|
23
+0%
|
25
+11%
|
5
-80%
|
5
-12%
|
19
+314%
|
19
-1%
|
18
-4%
|
14
-23%
|
7
-52%
|
32
+384%
|
33
+3%
|
42
+28%
|
46
+11%
|
20
-58%
|
18
-9%
|
32
+80%
|
23
-27%
|
25
+7%
|
41
+62%
|
24
-41%
|
27
+12%
|
29
+8%
|
6
-79%
|
5
-10%
|
35
+551%
|
33
-6%
|
38
+13%
|
31
-18%
|
25
-19%
|
25
-2%
|
25
+4%
|
61
+138%
|
32
-47%
|
26
-18%
|
29
+8%
|
(3)
N/A
|
14
N/A
|
23
+57%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Net Change in Cash |
(21)
N/A
|
8
N/A
|
(6)
N/A
|
(3)
+54%
|
2
N/A
|
(25)
N/A
|
(20)
+19%
|
(10)
+52%
|
(6)
+41%
|
(4)
+29%
|
(2)
+58%
|
(5)
-218%
|
13
N/A
|
12
-9%
|
8
-32%
|
12
+48%
|
(11)
N/A
|
(17)
-53%
|
0
N/A
|
(12)
N/A
|
(8)
+37%
|
9
N/A
|
(7)
N/A
|
(1)
+88%
|
1
N/A
|
2
+90%
|
(2)
N/A
|
12
N/A
|
4
-65%
|
(7)
N/A
|
8
N/A
|
(14)
N/A
|
(3)
+77%
|
(3)
+13%
|
(4)
-35%
|
6
N/A
|
(1)
N/A
|
1
N/A
|
(4)
N/A
|
(7)
-54%
|
1
N/A
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
(34)
N/A
|
(28)
+18%
|
(29)
-3%
|
(27)
+8%
|
(24)
+9%
|
(31)
-26%
|
(26)
+16%
|
(28)
-9%
|
(24)
+13%
|
(22)
+10%
|
(15)
+31%
|
(12)
+19%
|
(19)
-54%
|
(21)
-12%
|
(34)
-62%
|
(34)
-1%
|
(31)
+10%
|
(35)
-13%
|
(32)
+10%
|
(36)
-14%
|
(33)
+7%
|
(32)
+4%
|
(32)
+2%
|
(28)
+11%
|
(28)
+1%
|
(4)
+85%
|
(8)
-94%
|
(6)
+27%
|
(14)
-145%
|
(33)
-135%
|
(20)
+40%
|
(27)
-39%
|
(33)
-20%
|
(37)
-14%
|
(49)
-31%
|
(49)
+1%
|
(38)
+22%
|
(25)
+35%
|
(19)
+21%
|
(23)
-20%
|
(22)
+6%
|