For the quarter ending 2025-10-31, IDT had -$28,665K decrease in cash & cash equivalents over the period. -$15,960K in free cash flow.
| Cash Flow | 2025-10-31 | 2025-07-31 |
|---|---|---|
| Net income | 24,096 | 81,139 |
| Depreciation and amortization | 5,305 | 21,008 |
| Deferred income taxes | 11 | 16,217 |
| Provision for credit losses, doubtful accounts receivable, and reserve for settlement assets | 929 | 7,090 |
| Stock-based compensation | 2,015 | 3,074 |
| Other | -1,449 | -2,199 |
| Trade accounts receivable | -1,270 | 6,459 |
| Settlement assets, disbursement prefunding, prepaid expenses, other current assets, and other assets | 56,416 | 8,556 |
| Trade accounts payable, accrued expenses, settlement liabilities, other current liabilities, and other liabilities | -350 | -4,814 |
| Customer funds deposits | 10,608 | 19,235 |
| Deferred revenue | 944 | -3,072 |
| Net cash (used in) provided by operating activities | -10,139 | 127,061 |
| Capital expenditures | 5,821 | 20,770 |
| Notes receivable from equity method investment | - | 1,900 |
| Purchase of convertible preferred stock in equity method investment | - | 926 |
| Purchases of debt securities and equity investments | 16,061 | 33,453 |
| Proceeds from maturities and sales of debt securities and redemption of equity investments | 12,684 | 36,310 |
| Net cash used in investing activities | -9,198 | -20,739 |
| Purchase of restricted shares of net2phone and national retail solutions common stock | - | 0 |
| Proceeds from exercise of stock options | - | 0 |
| Dividends paid | 1,514 | 5,550 |
| Distributions to noncontrolling interests | 50 | 100 |
| Proceeds from borrowings under revolving credit facility | 12,713 | 24,551 |
| Repayment of borrowings under revolving credit facility | 12,713 | 24,551 |
| Repurchases of class b common stock | 7,604 | 17,773 |
| Net cash used in financing activities | -9,168 | -23,423 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash and cash equivalents | -160 | 3,477 |
| Net decrease in cash, cash equivalents, and restricted cash and cash equivalents | -28,665 | 86,376 |
| Cash and cash equivalents at beginning of period | 341,832 | 255,456 |
| Cash and cash equivalents at end of period | 313,167 | 341,832 |
IDT CORP (IDT)
IDT CORP (IDT)