Abacus Life
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 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
| 2022 | 10.69M | -3.70M | 22.96M |
|---|---|---|---|
| 2023 | -64.52M | 2.24M | 57.81M |
ABLLW Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 30.05M | 102.42K |
Operating activities | ||
Net income | 9.51M | 32.38M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 3.40M | 4.28K |
Stock-based compensation expense | 10.76M | 0 |
| Deferred income tax benefit | 10.76M | 0 |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | -1.99M | -141.32K |
Inventories | 0 | 0 |
Accounts payable | -40.01K | 40.01K |
Cash generated by operating activities | -64.52M | 10.69M |
Investing activities | ||
Purchases Of Investments | -350K | -800K |
Investments In Property Plant And Equipment | -189.67K | -79.09K |
Acquisitions Net | 0 | 0 |
Cash generated by investing activities | 2.24M | -3.70M |
Financing activities | ||
Common Stock Issued | 972.26K | 0 |
Payments for dividends | 0 | -659.36K |
Repurchases of common stock | -24.81M | -6.4M |
Repayments of term debt | 98.42M | 30.02M |
Cash used in financing activities | 57.81M | 22.96M |
Net Change In Cash | -4.46M | 29.95M |
Cash at end of period | 25.58M | 30.05M |