Alternus Clean Energy
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 Alternus Clean Energy generated cash of $10,438,000, which is more than the previous year. Cash used in financing activities reached the amount of $3,930,000 last year. Net change in cash is therefore $16,817,000.
Cash Flow
| 2021 | -8.32M | -127.48M | 161.23M |
|---|---|---|---|
| 2022 | -17.84M | -23.63M | 26.98M |
| 2023 | 10.43M | -675K | 3.93M |
ALCE Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 7.74M | 26.58M | 1.74M |
Operating activities | |||
Net income | -53.65M | -36.28M | -18.93M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 3.65M | 8.03M | 5.38M |
Stock-based compensation expense | 0 | 63K | 419K |
| Deferred income tax benefit | 0 | 63K | 419K |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 4.04M | -7.46K | 0 |
Inventories | 0 | 1.22M | 0 |
Accounts payable | 3.67M | -1.22M | 0 |
Cash generated by operating activities | 10.43M | -17.84M | -8.32M |
Investing activities | |||
Purchases Of Investments | 0 | -934.60M | 0 |
Investments In Property Plant And Equipment | -18.03M | -23.63M | -127.08M |
Acquisitions Net | 17.36M | 244.78M | -396K |
Cash generated by investing activities | -675K | -23.63M | -127.48M |
Financing activities | |||
Common Stock Issued | 15.85M | 234.3M | 35.31M |
Payments for dividends | -21.90M | -29.99M | 0 |
Repurchases of common stock | 0 | -9.28M | 0 |
Repayments of term debt | 15.25M | 14.67M | -42.83M |
Cash used in financing activities | 3.93M | 26.98M | 161.23M |
Net Change In Cash | 16.81M | -16.99M | 24.83M |
Cash at end of period | 24.56M | 9.58M | 26.58M |