For the quarter ending 2026-03-31, ACEL had -$22,471K decrease in cash & cash equivalents over the period. $19,884K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 14,663 | 16,092 | 13,305 | 21,875 |
| Depreciation and amortization of property and equipment | 13,862 | 13,990 | 13,339 | 25,396 |
| Amortization of intangible assets and route and customer acquisition costs | 6,790 | 6,424 | 6,389 | 12,612 |
| Impairment of intangible assets | - | 0 | - | - |
| Amortization of debt issuance costs | 270 | 269 | 283 | 864 |
| Gain on change in fair value of contingent earnout shares | 1,476 | 636 | 2,170 | -3,379 |
| Stock-based compensation expense | 2,499 | 3,821 | 3,504 | 4,880 |
| Loss on disposal of property and equipment | -650 | -443 | -422 | -258 |
| Net loss on write-off of route and customer acquisition costs and route and customer acquisition costs payable | -386 | -197 | -305 | -910 |
| Loss on debt extinguishment | - | 0 | -1,090 | - |
| Remeasurement of contingent consideration | 1,200 | 1,232 | 715 | 808 |
| Payments on consideration payable | 447 | 725 | 226 | 481 |
| Accretion of interest on route and customer acquisition costs payable, contingent consideration, and contingent stock consideration | 629 | 622 | 620 | 1,100 |
| Deferred income taxes | -103 | 7,445 | 8,472 | -2,575 |
| Prepaid expenses and other current assets | 2,703 | -1,003 | -1,192 | -18 |
| Accounts receivable, net | -605 | 5,542 | -3,108 | 1,214 |
| Inventories | 332 | -1,357 | -134 | 1,548 |
| Income taxes receivable | -5,226 | 1,377 | 6,112 | - |
| Route and customer acquisition costs | 1,890 | 2,284 | 2,099 | 7,475 |
| Route and customer acquisition costs payable | 152 | 62 | -63 | 2,935 |
| Accounts payable and accrued expenses | 1,719 | -10,049 | 11,356 | 3,786 |
| Accrued compensation and related expenses | 48 | -2,366 | -802 | 997 |
| Other assets | -995 | -1,102 | -2,476 | 1,968 |
| Net cash provided by operating activities | 42,743 | 31,080 | 55,238 | 64,557 |
| Purchases of property and equipment | 22,859 | 15,109 | 21,017 | 52,797 |
| Proceeds from the sale of property and equipment | 347 | 165 | 283 | 1,177 |
| Proceeds from the settlement of convertible notes | - | 0 | 0 | 1,500 |
| Deposits against a portion of the purchase price on a pending business acquisition | - | 0 | 0 | 0 |
| Acquisition of indefinite-lived operating license | - | 0 | 0 | 9,450 |
| Investment in unconsolidated affiliate | - | 0 | 0 | 0 |
| Business and asset acquisitions, net of cash acquired | 557 | 4,913 | 0 | 393 |
| Proceeds from exercise of stock-based awards | - | 0 | 0 | 0 |
| Net cash used in investing activities | -23,069 | -19,857 | -20,734 | -59,963 |
| Proceeds from debt | - | 59,000 | 559,000 | 64,000 |
| Payments on debt | 27,000 | 47,000 | 556,150 | 64,225 |
| Payments for debt issuance costs | 46 | 7 | 4,091 | - |
| Payments for repurchase of common stock | 12,146 | 16,180 | 6,767 | 16,915 |
| Payments on interest rate hedging instruments | 83 | 250 | 251 | 492 |
| Payments on financing of property and equipment | 276 | - | - | - |
| Payments on finance leases | 66 | 63 | 62 | 120 |
| Payments on consideration payable | 257 | 248 | 148 | 889 |
| Tax withholding on stock-based payments | 2,271 | 144 | 430 | 2,628 |
| Net cash used in financing activities | -42,145 | -4,892 | -8,899 | -21,269 |
| Net decrease in cash and cash equivalents | -22,471 | 6,331 | 25,605 | -16,675 |
| Beginning of period | 296,566 | -8,930 | 281,305 | - |
| End of period | 274,095 | 6,331 | 290,235 | - |