RCMT: the cash flow

MyFinsight

For the year ending 2026-01-03, RCMT had -$1,807K decrease in cash & cash equivalents over the period. $17,370K in free cash flow.

Cash Flow	2026-01-03
Net income	16,334
Depreciation and amortization	1,918
Equity compensation expense from awards issued	3,732
Remeasurement of contingent consideration	0
Change in provision for credit losses on accounts receivable	906
Deferred income tax expense	-1,268
Change in operating right of use assets	1,167
Accounts receivable and contract assets	4,152
Prepaid expenses and other current assets	676
Net of transit accounts receivable and payable	8,325
Accounts payable and accrued expenses	-3,484
Accrued payroll and related costs	848
Operating lease liabilities	1,205
Income taxes payable	36
Deferred revenue	10,628
Deposits	-30
Total adjustments and changes in operating assets and liabilities	2,631
Net cash provided by operating activities	18,965
Property and equipment acquired	1,595
Net cash used in investing activities	-1,595
Net (repayments) borrowings under line of credit	-10,294
Issuance of stock for employee stock purchase plan	615
Retirement of common shares	938
Changes in finance lease obligations	-850
Contingent payments - cash	212
Purchase of treasury stock	7,359
Net cash used in financing activities	-19,038
Effect of exchange rate changes on cash	-139
Decrease in cash	-1,807
Cash at beginning of period	4,729
Cash at end of period	2,922

Unit: Thousand (K) dollars (except for numbers of shares and EPS).