Ares Acquisition
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 Ares Acquisition generated cash of -$2,211,528, which is less than the previous year. Cash used in financing activities reached the amount of $1,500,000 last year. Net change in cash is therefore -$711,528.
Cash Flow
| 2020 | 0 | 0 | 0 |
|---|---|---|---|
| 2021 | -1.41M | -1B | 1.00B |
| 2022 | -2.21M | 0 | 1.5M |
AAC Cash Flow Statement (2020 – 2022)
| 2022 | 2021 | 2020 | |
|---|---|---|---|
Cash at beginning of period | 749.51K | 0 | 0 |
Operating activities | |||
Net income | 20.98M | 15.84M | -15 |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 |
Cash generated by operating activities | -2.21M | -1.41M | 0 |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | 0 | -1B | 0 |
Financing activities | |||
Common Stock Issued | 0 | 1B | 0 |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 |
Cash used in financing activities | 1.5M | 1.00B | 0 |
Net Change In Cash | -711.52K | 749.51K | 0 |
Cash at end of period | 37.98K | 749.51K | 0 |
| Data source | Data source |