For the quarter ending 2025-09-30, ALIT had -$10M decrease in cash & cash equivalents over the period. $49M in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income (loss) from continuing operations | -1,055 | -1,073 | -17 | -15 |
| Depreciation | 33 | 30 | 30 | 85 |
| Intangible asset amortization | 70 | 70 | 71 | 140 |
| Noncash lease expense | 0 | 3 | 2 | 9 |
| Financing fee and premium amortization | 0 | 1 | 0 | 0 |
| Share-based compensation expense | 3 | 5 | 6 | 63 |
| (gain) loss from change in fair value of financial instruments | -19 | 28 | -8 | -62 |
| (gain) loss from change in fair value of tax receivable agreement | 66 | -23 | -9 | -21 |
| Release of unrecognized tax provision | 0 | 0 | - | -1 |
| Deferred tax expense (benefit) | -189 | -4 | -4 | 52 |
| Goodwill impairment | 1,338 | 983 | - | - |
| Other | 0 | -11 | - | 0 |
| Accounts receivable | -12 | -27 | -33 | 136 |
| Accounts payable and accrued liabilities | -20 | -16 | -60 | 153 |
| Other assets and liabilities | 30 | 2 | -11 | 155 |
| Cash provided by operating activities - continuing operations | 77 | 86 | 73 | 100 |
| Cash provided by operating activities - discontinued operations | 0 | 0 | 0 | -6 |
| Net cash provided by operating activities | 77 | 86 | 73 | 94 |
| Net proceeds from sale of business | -13 | - | - | 968 |
| Capital expenditures | 28 | 28 | 29 | 54 |
| Acquisition of businesses, net of cash acquired | - | - | - | 0 |
| Cash provided by (used in) investing activities - continuing operations | -41 | -28 | -29 | 914 |
| Cash used in investing activities - discontinued operations | 0 | 0 | 0 | 0 |
| Net cash provided by (used in) investing activities | -41 | -28 | -29 | 914 |
| Dividend payments | 22 | 22 | 21 | 21 |
| Net increase (decrease) in fiduciary liabilities | 12 | -12 | -12 | -23 |
| Repayments to banks | 5 | 5 | 5 | 6 |
| Principal payments on finance lease obligations | 5 | 7 | 5 | 5 |
| Borrowings from banks | - | - | - | 0 |
| Payments on tax receivable agreements | 0 | 0 | 100 | 0 |
| Tax payment for shares/units withheld in lieu of taxes | 1 | 0 | 11 | 1 |
| Repurchase of shares | 25 | 20 | 20 | 12 |
| Deferred and contingent consideration payments | - | - | - | 0 |
| Other financing activities | 0 | 0 | -2 | 0 |
| Cash used for financing activities - continuing operations | -46 | -66 | -176 | -68 |
| Cash provided by (used in) financing activities - discontinued operations | 0 | 0 | 0 | 0 |
| Net cash provided by (used in) financing activities | -46 | -66 | -176 | -68 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash - continuing operations | 0 | - | - | 1 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash - discontinued operations | 0 | 0 | 0 | -3 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -10 | -8 | -132 | 20 |
| Cash and cash equivalents at beginning of period | 582 | - | - | - |
| Cash and cash equivalents at end of period | 432 | - | - | - |
Alight, Inc. Delaware (ALIT)
Alight, Inc. Delaware (ALIT)