Squarespace, Inc. SQSP NYSE

Squarespace, Inc. (SQSP) generated $231.12M in operating cash flow for fiscal year 2023. After capital expenditures of $17M, free cash flow was $214.12M.

Free cash flow margin was 21.2% of revenue. Cash conversion ratio was -32.64x, suggesting some earnings are non-cash.

The company returned $25.99M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (59/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (10/100) — Cash conversion ratio was -32.64x suggests some earnings are non-cash items

Overall SharesGrow Score: 25/100 with 0/7 criteria passed.