The following table reconciles our cash flows from operating activities to Free Cash Flow for the periods indicated:
Three months ended September Nine months ended September
30, 30,
(In thousands
of US
dollars) 2024 2023 2024 2023
$ $ $ $
-------------- -------------- ------------- -------------
Cash flow from
operating
activities 4,335 6,215 19,522 9,488
Purchases of
property and
equipment (471) (120) (958) (386)
Acquisition
related
compensation
paid 669 -- 3,307 189
Transaction
related
expenses
paid -- 551 306 991
Restructuring
costs paid -- 1,707 -- 2,831
------- ----- -------- ---- ------- ---- -------- ---
Free cash flow 4,533 8,353 22,177 13,113
------- ----- -------- ---- ------- ---- -------- ---
Free cash flow
as a
percentage of
total
revenue 8.2% 18.0% 13.9% 10.0%
View source version on businesswire.com: https://www.businesswire.com/news/home/20241108278550/en/
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Mike McCarthy
Vice President - Investor Relations
(214) 830-0641
mike.mccarthy@docebo.com
(END) Dow Jones Newswires
November 08, 2024 06:00 ET (11:00 GMT)
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