Akanda Corp.
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 Akanda Corp. generated cash of -$1,500,574, which is more than the previous year. Cash used in financing activities reached the amount of $1,486,567 last year. Net change in cash is therefore -$161,928.
Cash Flow
| 2019 | -642.32K | -692.77K | 2.11M |
|---|---|---|---|
| 2020 | -1.35M | -432.20K | 1.03M |
| 2021 | -6.55M | -576.47K | 11.23M |
| 2022 | -11.46M | -4.21M | 14.13M |
| 2023 | -1.50M | 24.88K | 1.48M |
AKAN Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 255.80K | 3.49M | 13.50K | 819.56K | 24.14K |
Operating activities | |||||
Net income | -32.27M | -11.65M | -8.13M | -2.30M | -1.39M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 4.28M | 3.76M | 309.02K | 248.74K | 198.82K |
Stock-based compensation expense | 0 | 559.22K | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 559.22K | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 973.38K | -591.07K | -242.35K | 0 | 0 |
Inventories | 482.71K | 501.70K | -712.52K | -611 | 0 |
Accounts payable | 1.53M | 2.91M | 242.35K | 140.89K | 42.28K |
Cash generated by operating activities | -1.50M | -11.46M | -6.55M | -1.35M | -642.32K |
Investing activities | |||||
Purchases Of Investments | 0 | -801.16K | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.50K | -310.94K | -576.47K | -439.13K | -685.92K |
Acquisitions Net | 0 | -3.10M | 0 | 0 | 0 |
Cash generated by investing activities | 24.88K | -4.21M | -576.47K | -432.20K | -692.77K |
Financing activities | |||||
Common Stock Issued | 0 | 14.93M | 5.05M | 1.47K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 1.48M | -794.43K | -497.50K | -137.78K | 2.11M |
Cash used in financing activities | 1.48M | 14.13M | 11.23M | 1.03M | 2.11M |
Net Change In Cash | -161.92K | -3.23M | 3.48M | -806.05K | 795.41K |
Cash at end of period | 93.87K | 255.80K | 3.49M | 13.50K | 819.56K |
| Data source | Data source | Data source |