88 Energy Limited
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of 88 Energy Limited generated cash of -$5,381,530, which is more than the previous year. Cash used in financing activities reached the amount of $33,092,684 last year. Net change in cash is therefore $4,058,996.
Cash Flow
| 2014 | -6.21M | -9.82M | 10.75M |
|---|---|---|---|
| 2015 | -4.65M | -21.94M | 35.40M |
| 2016 | -3.49M | -25.59M | 46.00M |
| 2017 | -4.42M | -22.75M | 15.72M |
| 2018 | -6.58M | -22.95M | 36.42M |
| 2019 | -5.83M | -5.86M | 6.06M |
| 2020 | -5.11M | -9.33M | 13.63M |
| 2021 | -5.64M | 3.14M | 19.08M |
| 2022 | -135.55M | -57.83M | 43.90M |
| 2023 | -5.38M | -23.66M | 33.09M |
88E.L Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 14.12M | 32.31M | 14.84M | 15.90M | 21.72M | 14.01M | 27.30M | 9.60M | 805.21K | 6.08M |
Operating activities | ||||||||||
Net income | -14.43M | -135.55M | -2.41M | -22.03M | -36.78M | -5.99M | -8.40M | -9.40M | -6.30M | -27.71M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 9.55M | 68.70M | 121.32K | 11.47M | 29.53M | 50.60K | 3.95K | 8.23K | 15.03K | 25.65K |
Stock-based compensation expense | 0 | 658.11K | 738.96K | 122.87K | 95.27K | 0 | 2.02M | 100K | 1.72M | 3.37M |
| Deferred income tax benefit | 0 | 658.11K | 738.96K | 122.87K | 95.27K | 0 | 2.02M | 100K | 1.72M | 3.37M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 24.72K | -7.07K | 659.67K | -76.49K | -1.74M | -45.08K | 277.48K | 137.57K | 111.79K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -5.38M | -135.55M | -5.64M | -5.11M | -5.83M | -6.58M | -4.42M | -3.49M | -4.65M | -6.21M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -29.90M | -52.64M | -41.79M | -41.52M | -29.72M | -35.11M | -34.08M | -25.59M | -21.94M | -9.30M |
Acquisitions Net | -873.97K | -10.69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -23.66M | -57.83M | 3.14M | -9.33M | -5.86M | -22.95M | -22.75M | -25.59M | -21.94M | -9.82M |
Financing activities | ||||||||||
Common Stock Issued | 35.41M | 47.05M | 42.52M | 14.87M | 6.53M | 39.67M | 17.64M | 37.36M | 26.33M | 11.10M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | -20.90M | -398.88K | 0 | 0 | 0 | 0 | 10.93M | 0 |
Cash used in financing activities | 33.09M | 43.90M | 19.08M | 13.63M | 6.06M | 36.42M | 15.72M | 46.00M | 35.40M | 10.75M |
Net Change In Cash | 4.05M | -18.19M | 17.47M | -1.05M | -5.81M | 7.70M | -13.28M | 17.69M | 8.79M | -5.28M |
Cash at end of period | 18.18M | 14.12M | 32.31M | 14.84M | 15.90M | 21.72M | 14.01M | 27.30M | 9.60M | 805.21K |
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