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The most important number and the least spoken about: free cash flow. They had $4.6B this quarter. In laymen's terms that means - at the end of this quarter the
by mbesto 8y ago
The most important number and the least spoken about: free cash flow. They had $4.6B this quarter. In laymen's terms that means - at the end of this quarter they have an extra $4.6B of capital sitting around to deployed for investment (employee bonuses, acquisitions, capital expenditures, etc).
If you're interested in the finance behind software companies, highly recommend following Tren Griffin:
https://twitter.com/trengriffin/status/1021073557978198016 https://twitter.com/trengriffin/status/1021073557978198016
- PaulRobinson 8y agoI'm struggling to see that number in the report. Is this something we need to go diving in for and calculate? I note from the twitter post you put up (thanks for the tip, now following Tren), that FCF is often obscured. Tips on how to find it/work it out?