SPS(US:SPSC)2025-10-30 20:40Financial Position - As of September 30, 2025, the company reported cash and cash equivalents of $133.7 million and net accounts receivable of $67.4 million[91]. - Total contractual obligations as of September 30, 2025, amounted to $27.6 million, with $19.6 million due within one year[96]. - The company believes its cash and cash flows will be sufficient to meet working capital and capital expenditure requirements for at least the next twelve months[98]. Operating Activities - Net cash provided by operating activities for the nine months ended September 30, 2025, was $132.9 million, an increase from $116.8 million in the same period of 2024[92]. - There were no changes in critical accounting policies or estimates during the nine months ended September 30, 2025[90]. Investing Activities - The company used $161.5 million in investing activities during the nine months ended September 30, 2025, compared to $110.2 million in 2024[92]. Financing Activities - Cash used in financing activities increased to $80.2 million in the nine months ended September 30, 2025, primarily due to a $52.0 million increase in share repurchases year-over-year[95]. Revenue Metrics - The company defines recurring revenue as active contracts during the reporting period, excluding non-recurring components[82]. - Annual Revenue Per User (ARPU) is calculated by dividing annualized recurring revenues by the average number of recurring revenue customers[84]. Growth Strategy - The company plans to continue growing by penetrating the supply chain management market and selectively pursuing acquisitions[81].