Blue Star Foods 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 Blue Star Foods Corp. generated cash of -$3,530,662, which is more than the previous year. Cash used in financing activities reached the amount of $3,676,355 last year. Net change in cash is therefore $14,901.
Cash Flow
| 2016 | 4.11M | -17.55K | -4.06M |
|---|---|---|---|
| 2017 | -3.07M | -33.49K | 2.86M |
| 2018 | 3.64M | -26.68K | -3.28M |
| 2019 | 1.57M | -269.70K | -1.50M |
| 2020 | 4.57M | 343.23K | -4.80M |
| 2021 | -4.83M | -773.41K | 6.48M |
| 2022 | -3.61M | -695.27K | 3.07M |
| 2023 | -3.53M | -159.60K | 3.67M |
BSFC Cash Flow Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 9.26K | 1.15M | 337.68K | 195.81K | 347.22K | 58.87K | 54.98K | 28.84K |
Operating activities | ||||||||
Net income | -4.47M | -13.19M | -2.60M | -4.43M | -5.02M | -2.27M | 393.87K | -892.06K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||
Depreciation and amortization | 4.52K | 546.88K | 349.49K | 371.56K | 236.25K | 71.33K | 68.89K | 68.84K |
Stock-based compensation expense | 69.12K | 187.38K | 530.50K | 139.38K | 2.26M | 0 | 0 | 0 |
| Deferred income tax benefit | 69.12K | 187.38K | 530.50K | 139.38K | 2.26M | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||
Accounts receivable, net | 270.88K | 417.36K | -133.04K | 942.65K | 2.51M | -2.01M | -257.93K | 527.71K |
Inventories | 2.14M | -3.43M | -213.32K | 6.02M | 1.80M | 5.22M | -2.44M | 3.48M |
Accounts payable | -1.73M | 620.16K | -3.58M | -1.87M | -457.57K | 2.01M | 0 | 0 |
Cash generated by operating activities | -3.53M | -3.61M | -4.83M | 4.57M | 1.57M | 3.64M | -3.07M | 4.11M |
Investing activities | ||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -159.60K | -296.79K | 0 | -55.54K | -9.03K | -26.68K | -33.49K | -17.55K |
Acquisitions Net | 0 | -398.48K | -790.59K | -8.42K | -260.66K | 0 | 0 | 0 |
Cash generated by investing activities | -159.60K | -695.27K | -773.41K | 343.23K | -269.70K | -26.68K | -33.49K | -17.55K |
Financing activities | ||||||||
Common Stock Issued | 1.79M | 250K | 7.47M | 10K | 22K | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -76.32K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -2.72M | 2.85M | -998.76K | -11.90M | -1.50M | -36.44M | -33.09K | -31.27K |
Cash used in financing activities | 3.67M | 3.07M | 6.48M | -4.80M | -1.50M | -3.28M | 2.86M | -4.06M |
Net Change In Cash | 14.90K | -1.14M | 817.82K | 141.87K | -151.41K | 288.35K | 3.89K | 26.14K |
Cash at end of period | 24.16K | 9.26K | 1.15M | 337.68K | 195.81K | 347.22K | 58.87K | 54.98K |
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