Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028
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 Abacus Life, Inc. 9.875% Fixed Rate Senior Notes due 2028 generated cash of -$64,523,149, which is less than the previous year. Cash used in financing activities reached the amount of $57,817,492 last year. Net change in cash is therefore -$4,464,155.
Cash Flow
| 2020 | 904.09K | 16.40K | -329.1K |
|---|---|---|---|
| 2021 | 1.34M | -241.52K | -354.57K |
| 2022 | -2.60M | 246.49M | -244.66M |
| 2023 | -64.52M | 2.24M | 57.81M |
ABLLL Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 30.05M | 853.13K | 1.85M | 1.26M |
Operating activities | ||||
Net income | 9.03M | -643.56K | 997.41K | 1.43M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 3.40M | 4.28K | 31.24K | 19.45K |
Stock-based compensation expense | 10.76M | 0 | 0 | 0 |
| Deferred income tax benefit | 10.76M | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | -1.99M | -141.32K | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | -40.01K | 40.01K | 0 | -63.25K |
Cash generated by operating activities | -64.52M | -2.60M | 1.34M | 904.09K |
Investing activities | ||||
Purchases Of Investments | -350K | -1.92M | 0 | -345M |
Investments In Property Plant And Equipment | -189.67K | -79.09K | -226.66K | 0 |
Acquisitions Net | 0 | 0 | -14.86K | 16.40K |
Cash generated by investing activities | 2.24M | 246.49M | -241.52K | 16.40K |
Financing activities | ||||
Common Stock Issued | 972.26K | 0 | 0 | 346.15M |
Payments for dividends | 0 | -659.36K | -358.21K | -327.79K |
Repurchases of common stock | -24.81M | -6.4M | 0 | 0 |
Repayments of term debt | 98.42M | 30.02M | -1.5M | 0 |
Cash used in financing activities | 57.81M | -244.66M | -354.57K | -329.1K |
Net Change In Cash | -4.46M | -766.55K | 746.65K | 591.39K |
Cash at end of period | 25.58M | 86.57K | 2.59M | 1.85M |