Company: RSKD
Filing Date: 2025-03-06
Form Type: 20-F
Source: 0001851112-25-000006
Chunk: 108

Company: RISKIFIED LTD.
Filing Date: 2025-03-06
Form: 20-F
Item: Item 5
Chunk 108
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, professional service fees, and marketing and advertising related costs.

We reported net cash provided by operating activities of $39.7 million for the year ended December 31, 2024, compared to net cash provided by operating activities of $7.3 million for the year ended December 31, 2023, representing an increase of $32.4 million in net cash provided by operating activities.

The increase in operating cash inflows was primarily driven by improvements in net loss and the timing of working capital cash receipts and payments of approximately $30.3 million and decreases in cash outflows associated with foreign currency contracts of approximately $5.7 million. These changes were partially offset by decreases in interest received of approximately $3.5 million. The remaining change is due to individually insignificant items.

Investing Activities

Investing activities consists of investments in and maturities of short-term deposits and investments, and purchases and sales of property and equipment.

We reported net cash provided by investing activities of $27.8 million for the year ended December 31, 2024, compared to net cash provided by investing activities of $251.6 million for the year ended December 31, 2023, representing a decrease of $223.8 million in cash provided by investing activities. This decrease in cash provided by investing activities was primarily attributable to a decrease in maturities of short-term deposits of $337.0 million, partially offset by a decrease in purchases of short-term deposits of $55.0 million, a decrease of $29.1 million in purchases of short-term investments, and a decrease of $0.7 million in purchases of property and equipment.

Financing Activities

Financing activities consists of proceeds we receive from the exercise of stock options and payments made for the purchase of Class A ordinary shares pursuant to our Repurchase Program.

We reported net cash used in financing activities of $136.8 million for the year ended December 31, 2024, compared to net cash used in financing activities of $9.3 million for the year ended December 31, 2023, representing an increase of $127.5 million in cash used in financing activities. This increase was primarily driven by an increase of $127.9 million related to purchases of 27.0 million of our Class A ordinary shares pursuant to our Repurchase Program.

Material Cash Requirements for Known Contractual and Other Obligations

Leases

We have various non-cancelable operating leases for our corporate offices in Tel Aviv in Israel and in