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Pro DEX cash flow, quarter by quarter

Latest: Q1 FY27 · from the cash-flow statements filed with the SEC

Free cash flow$6.1M in Q1 FY27 · $10.7M over twelve months

Operating cash flow$6.5M
Capital spending−$346K
Free cash flow+$6.1M
Cash / net income2.1×
Cash conversion cycle200 days

Analysis

In Q1 FY27, Pro DEX generated $6.5M of operating cash flow and spent $346K on capital projects, leaving free cash flow of $6.1M. That is $3.9M more than in Q1 FY26 ($2.2M).

Over the twelve months to Sep 30, 2026, operating cash flow was $11.4M; the largest uses were net borrowing (+) / repaid (−) ($13.1M), capital spending ($731K); besides operations, cash came from other financing ($9.1M), other investing ($4.4M); the cash balance rose by $11.2M.

Operating cash flow was $6.5M against net income of $3.0M — 2.1× profit, cash ran ahead of reported earnings. The largest differences: receivables +$3.8M, income taxes payable −$461K, inventory −$441K.

Its cash conversion cycle was 200 days (receivables 87 + inventory 146 − payables 32).

Free cash flow

Pro DEX: free cash flow by quarterPro DEX: free cash flow by quarter−$4.7MQ2 FY25$574KQ3 FY25−$266KQ4 FY25$2.2MQ1 FY26$3.5MQ2 FY26$1.5MQ3 FY26−$476KQ4 FY26$6.1MQ1 FY27
Operating cash flow less capital spending.
Pro DEX: operating cash flow against capital spendingPro DEX: operating cash flow against capital spendingOperating cash flowCapital spending−$4.2M$542KQ2 FY25$754K$180KQ3 FY25−$173K$93KQ4 FY25$2.3M$98KQ1 FY26$3.6M$70KQ2 FY26$1.6M$112KQ3 FY26−$273K$203KQ4 FY26$6.5M$346KQ1 FY27
Latest (Q1 FY27): Operating cash flow $6.5M, Capital spending $346K.

Capital allocation, year by year

Pro DEX: where the cash came from (up) and went (down), by fiscal yearPro DEX: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedCapital spendingAcquisitionsBuybacksFY22: Operating cash flow −$847KFY22: Net borrowing $756KFY22: Shares issued $60KFY22: Capital spending −$1.6MFY22: Buybacks −$1.6M$816KFY22FY23: Operating cash flow $5.5MFY23: Net borrowing −$809KFY23: Shares issued $89KFY23: Buybacks −$1.5M$5.6MFY23FY24: Operating cash flow $6.2MFY24: Shares issued $50KFY24: Buybacks −$3.5M$6.3MFY24FY25: Operating cash flow −$1.7MFY25: Net borrowing −$11.5MFY25: Shares issued $42KFY25: Capital spending −$1.2MFY25: Buybacks −$3.5M$42KFY25FY26: Operating cash flow $7.2MFY26: Shares issued $85KFY26: Capital spending −$483KFY26: Acquisitions −$6.5MFY26: Buybacks −$3.4M$7.3MFY26
Over these 5 years operating cash flow totalled $16.4M; the largest uses were buybacks ($13.6M) and net borrowing ($12.3M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$13.0M
Debt$17.5M
Net debt$4.5M
Due within a year$4.2M

Pro DEX funds itself: free cash flow was $10.7M over the last twelve months, and $13.0M of cash and investments stands against $17.5M of debt ($4.2M due within a year, 3.1× covered by cash).

Pro DEX: debt maturities by year (FY26)Pro DEX: debt maturities by year (FY26)$4.2MYear 1$3.6MYear 2$2.9MYear 3$2.2MYear 4$4.7MYear 5
Principal due in each year as disclosed in the annual report, against $13.0M of cash and investments now.

Where the cash came from and went

Pro DEX: sources (+) and uses (−) of cash, Q1 FY27Pro DEX: sources (+) and uses (−) of cash, Q1 FY27Operating cash flow$6.5MCash drawn (+) / kept (−)−$3.6MNet borrowing (+) / repaid (−)−$1.0MOther financing−$1.0MBuybacks−$600KCapital spending−$346KShares issued$57K
Pro DEX: sources (+) and uses (−) of cash, TTM to Q1 FY27Pro DEX: sources (+) and uses (−) of cash, TTM to Q1 FY27Net borrowing (+) / repaid (−)−$13.1MOperating cash flow$11.4MCash drawn (+) / kept (−)−$11.2MOther financing$9.1MOther investing$4.4MCapital spending−$731KShares issued$102K

From profit to cash

Pro DEX: net income to operating cash flow, Q1 FY27Pro DEX: net income to operating cash flow, Q1 FY27Net income$3.0MDepreciation & amortization$403KStock-based pay$135KReceivables$3.8MInventory−$441KPayables$14KDeferred revenue$17KPrepaid and other assets$110KIncome taxes payable−$461KOperating cash flow$6.5M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q1 FY278714632200
Q4 FY269115032208
Q3 FY268414430197
Q2 FY268915429214
Q1 FY268615330209
Q4 FY258414834198
Q3 FY258916745210
Q2 FY258714240190

Every quarter

QuarterOperating cash flowCapital spendingBuybacksNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q1 FY27$6.5M−$346K−$600K−$1.0M$57K−$3.6M$6.1M
Q4 FY26−$273K−$203K−$600K——$1.8M−$476K
Q3 FY26$1.6M−$112K−$601K—$44K−$2.0M$1.5M
Q2 FY26$3.6M−$70K——$1K−$7.4M$3.5M
Q1 FY26$2.3M−$98K—−$11.6M$40K−$95K$2.2M
Q4 FY25−$173K−$93K—−$5.0M—$4.1M−$266K
Q3 FY25$754K−$180K—$1.9M$27K−$4.4M$574K
Q2 FY25−$4.2M−$542K−$1.2M$2.9M—$3.0M−$4.7M

Pro DEX: income statement and cash flow

Pro DEX, Q1 FY27: revenue $20.6M (+11% year over year), operating margin 17.1%. The chart follows the revenue to costs, profit and cash.

Pro DEX: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.