Forafric Global
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 Forafric Global generated cash of $33,326,000, which is more than the previous year. Cash used in financing activities reached the amount of -$21,182,000 last year. Net change in cash is therefore -$806,000.
Cash Flow
| 2019 | -1.33M | -70K | -37.93M |
|---|---|---|---|
| 2020 | -11.12M | -1.05M | 18.76M |
| 2021 | -24.51M | -16.04M | 42.75M |
| 2022 | -57.56M | -4.03M | 74.99M |
| 2023 | 33.32M | -9.83M | -21.18M |
AFRI Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 24.82M | 14.39M | 12.68M | 8.99M | 48.76M |
Operating activities | |||||
Net income | -12.67M | -19.17M | -7.78M | -139K | -8.09M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 6.08M | 6.59M | 5.21M | 4.97M | 5.04M |
Stock-based compensation expense | 169K | 125K | 0 | 0 | 0 |
| Deferred income tax benefit | 169K | 125K | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 24.35M | -4.64M | -4.37M | 3.28M | 30.98M |
Inventories | 447K | 6.33M | -9.82M | -11.68M | 19.90M |
Accounts payable | 15.73M | 5.25M | 2.32M | -2.99M | -58.95M |
Cash generated by operating activities | 33.32M | -57.56M | -24.51M | -11.12M | -1.33M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | -385K | -116.15M | 0 |
Investments In Property Plant And Equipment | -9.52M | -4.79M | -6.99M | -1.28M | -1.72M |
Acquisitions Net | -37K | 765K | -8.63M | 0 | 0 |
Cash generated by investing activities | -9.83M | -4.03M | -16.04M | -1.05M | -70K |
Financing activities | |||||
Common Stock Issued | 1K | 7.16M | 0 | 116.65M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -21.18M | 56.96M | -127.15M | -89.53M | -37.93M |
Cash used in financing activities | -21.18M | 74.99M | 42.75M | 18.76M | -37.93M |
Net Change In Cash | -806K | 10.43M | 1.71M | 3.68M | -39.77M |
Cash at end of period | 24.02M | 24.82M | 14.39M | 12.68M | 8.99M |
| Data source | Data source |