Axcelis Technologies, Inc.
S&P 600
Cash Flow
Cash Flow Breakdown
Figures in US$OperatingInvestingFinancing
How to read this: the three bars show where cash moved each year. Operating is cash from the core business (you generally want this positive and growing). Investing is usually negative — money spent on assets or acquisitions. Financing shows money raised from, or returned to, lenders and shareholders. Bars above the line are cash in; bars below are cash out.
Operating Cash Flow vs Capex
Figures in US$Operating Cash FlowCapital Expenditure
How to read this: operating cash flow is the cash the business generated; capital expenditure is what it spent on long-term assets like plant and equipment. The gap between them is roughly free cash flow — the cash left over. A wide gap (operating well above capex) means the business funds its investment comfortably from its own earnings.
| Period | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Capital Expenditure |
|---|---|---|---|---|
| FY2014 | $-16.05M | $-896.00K | $2.76M | $896.00K |
| FY2015 | $18.27M | $-1.83M | $37.53M | $1.83M |
| FY2016 | $-8.79M | $-2.24M | $2.35M | $2.51M |
| FY2017 | $56.28M | $-7.29M | $15.07M | $7.29M |
| FY2018 | $46.97M | $-4.72M | $1.19M | $4.72M |
| FY2019 | $-13.59M | $-11.97M | $-13.41M | $11.97M |
| FY2020 | $69.70M | $-7.27M | $-2.39M | $7.43M |
| FY2021 | $150.19M | $-8.72M | $-52.45M | $8.72M |
| FY2022 | $215.61M | $-257.25M | $-65.48M | $10.68M |
| FY2023 | $156.87M | $-100.86M | $-68.27M | $20.66M |
| FY2024 | $140.82M | $-108.73M | $-71.19M | $12.18M |
| FY2025 | $118.31M | $29.93M | $-124.49M | $11.30M |
Figures in USD. Educational data only.
Understanding these terms
Plain-English explanations of each figure in the table above, and what a beginner typically looks at. These are educational descriptions only, not advice.
- Operating Cash Flow
- Cash produced by the company's core operations during the period. The US equivalent of "Cash from Operating Activity".How a beginner reads it: A beginner uses this as a reality check on profit, since it reflects cash actually collected. Healthy, consistent operating cash flow underpins a company's ability to invest and repay debt.
- Investing Cash Flow
- Cash used for or generated by buying and selling long-term assets and investments. The US equivalent of "Cash from Investing Activity".How a beginner reads it: A beginner expects this to be negative for companies investing in growth. Reading it next to operating cash flow shows whether the business funds its investments from its own earnings.
- Financing Cash Flow
- Cash flows with lenders and shareholders — borrowing, repaying, issuing shares, buybacks, and dividends. The US equivalent of "Cash from Financing Activity".How a beginner reads it: A beginner reads this to understand whether the company is taking in money (borrowing/issuing) or paying it out (repaying/dividends), and how that fits the operating picture.
- Capital Expenditure
- Money spent on buying or upgrading long-lived assets like plant, equipment, and buildings. Often shortened to "capex".How a beginner reads it: A beginner reads capex against operating cash flow to see whether a company funds its investment from its own earnings. Operating cash flow minus capex is roughly free cash flow.