Elite Education Group International Limited
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 Elite Education Group International Limited generated cash of -$5,252,527, which is less than the previous year. Cash used in financing activities reached the amount of $0 last year. Net change in cash is therefore -$6,137,508.
Cash Flow
| 2017 | -491.95K | -561.92K | 429.19K |
|---|---|---|---|
| 2018 | 2.16M | -491.59K | 438.79K |
| 2019 | 4.66M | -203.17K | -211.85K |
| 2020 | -144.04K | -288.55K | -432.03K |
| 2021 | 322.19K | -514.52K | 9.32M |
| 2022 | -4.61M | -651.48K | 200K |
| 2023 | -5.25M | -877.63K | 0 |
EEIQ Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 11.44M | 16.53M | 7.40M | 8.27M | 4.01M | 1.90M | 2.53M |
Operating activities | |||||||
Net income | -7.17M | -6.23M | -1.08M | 1.01M | 2.05M | 1.06M | 990.22K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 407.01K | 252.09K | 126.23K | 87.59K | 91.81K | 82.22K | 84.90K |
Stock-based compensation expense | 2.16M | 4.81M | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 2.16M | 4.81M | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 217.40K | 118.60K | -5.17K | 89.52K | -207.60K | -51.87K | -5.36K |
Inventories | -21.17K | 1.32M | -1.11M | 348.54K | 573.84K | -1.63M | 0 |
Accounts payable | -1.32M | -1.32M | 1.11M | 545.60K | 849.22K | 722.42K | -759.80K |
Cash generated by operating activities | -5.25M | -4.61M | 322.19K | -144.04K | 4.66M | 2.16M | -491.95K |
Investing activities | |||||||
Purchases Of Investments | 0 | -270K | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -14.23K | -51.41K | -618.52K | -288.55K | -203.17K | -211.59K | -132.12K |
Acquisitions Net | 386.60K | -1.94M | 4K | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -877.63K | -651.48K | -514.52K | -288.55K | -203.17K | -491.59K | -561.92K |
Financing activities | |||||||
Common Stock Issued | 0 | 200K | 9.32M | -432.03K | -351.85K | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -1.25M | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 0 | 200K | 9.32M | -432.03K | -211.85K | 438.79K | 429.19K |
Net Change In Cash | -6.13M | -5.09M | 9.12M | -864.63K | 4.25M | 2.11M | -624.69K |
Cash at end of period | 5.30M | 11.44M | 16.53M | 7.40M | 8.27M | 4.01M | 1.90M |
| Data source | Data source | Data source |