Abits Group
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 Abits Group generated cash of $1,755,913, which is more than the previous year. Cash used in financing activities reached the amount of $0 last year. Net change in cash is therefore -$1,621,087.
Cash Flow
| 2015 | -5.24M | -3.45M | 9.23M |
|---|---|---|---|
| 2017 | -8.61M | -68.48K | 8.46M |
| 2019 | -1.17M | 0 | 897.29K |
| 2020 | -1.73M | 0 | 1.13M |
| 2021 | -1.10M | 0 | 3.59M |
| 2022 | -7.31M | -32.70M | 40M |
| 2023 | 1.75M | -3.35M | 0 |
ABTS Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 2.50M | 2.50M | 19.40K | 425.63K | 299.73K | 142.17K | 1.86M |
Operating activities | |||||||
Net income | -12.58M | -21.52M | -2.73M | 72.71K | 300.45K | -13.69M | -4.93M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 4.97M | 6.26M | 0 | 0 | 0 | 1.09M | 1.01M |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 2.40M | 2.15M | -46.83K | -1.46M | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 6.56K | -22.37K |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 1.75M | -7.31M | -1.10M | -1.73M | -1.17M | -8.61M | -5.24M |
Investing activities | |||||||
Purchases Of Investments | 0 | -2M | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -9.25M | -32.70M | 0 | 0 | 0 | -68.48K | -3.45M |
Acquisitions Net | 0 | 128 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -3.35M | -32.70M | 0 | 0 | 0 | -68.48K | -3.45M |
Financing activities | |||||||
Common Stock Issued | 0 | 40M | 3.98M | 1.27M | 400K | 9.07M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | -387.48K | -137.74K | 497.29K | -113.73K | 0 |
Cash used in financing activities | 0 | 40M | 3.59M | 1.13M | 897.29K | 8.46M | 9.23M |
Net Change In Cash | -1.62M | -2.11K | 2.48M | -420.38K | 125.89K | -123.67K | 532.16K |
Cash at end of period | 884.19K | 2.50M | 2.50M | 5.24K | 425.63K | 18.49K | 2.39M |