Solo Brands
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 Solo Brands generated cash of $62,423,000, which is more than the previous year. Cash used in financing activities reached the amount of -$12,866,000 last year. Net change in cash is therefore -$3,451,000.
Cash Flow
| 2019 | -19.81M | -52.42M | 73.98M |
|---|---|---|---|
| 2020 | 32.67M | -274.10M | 281.07M |
| 2021 | -10.24M | -143.88M | 146.47M |
| 2022 | 32.39M | -10.01M | -23.54M |
| 2023 | 62.42M | -53.07M | -12.86M |
DTC Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 23.29M | 25.10M | 32.75M | 5.02M | 4.81M |
Operating activities | |||||
Net income | -111.34M | -7.62M | 56.49M | -24.20M | -29.54M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 27.34M | 24.59M | 18.22M | 5.66M | 823K |
Stock-based compensation expense | 14.71M | 18.59M | 7.32M | 0 | 0 |
| Deferred income tax benefit | 14.71M | 18.59M | 7.32M | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 295K | -5.92M | -15.04M | -2.46M | -956K |
Inventories | 28.18M | -30.88M | -49.41M | -2.07M | 4.04M |
Accounts payable | 9.55M | 2.67M | 5.00M | 1.30M | 71K |
Cash generated by operating activities | 62.42M | 32.39M | -10.24M | 32.67M | -19.81M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -9.09M | -9.24M | -10.64M | -958K | -118K |
Acquisitions Net | -34.6M | -774K | -133.30M | -273.14M | -52.30M |
Cash generated by investing activities | -53.07M | -10.01M | -143.88M | -274.10M | -52.42M |
Financing activities | |||||
Common Stock Issued | 39K | 0 | 234.6M | 250M | 54.37M |
Payments for dividends | 0 | 0 | -33.16M | -16.51M | -3.95M |
Repurchases of common stock | -36.95M | -35K | 363.6M | 0 | 0 |
Repayments of term debt | 34.62M | -15.62M | -306.72M | -79.32M | 23.56M |
Cash used in financing activities | -12.86M | -23.54M | 146.47M | 281.07M | 73.98M |
Net Change In Cash | -3.45M | -1.80M | -7.65M | 27.72M | 209K |
Cash at end of period | 19.84M | 23.29M | 25.10M | 32.75M | 5.02M |
| Data source | Data source | Data source |