Fintech Ecosystem Development 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 Fintech Ecosystem Development Corp. generated cash of -$1,122,372, which is less than the previous year. Cash used in financing activities reached the amount of $1,669,957 last year. Net change in cash is therefore -$602,415.
Cash Flow
| 2021 | -189.66K | -116.15M | 116.95M |
|---|---|---|---|
| 2022 | -1.12M | -1.15M | 1.66M |
FEXD Cash Flow Statement (2021 – 2022)
| 2022 | 2021 | |
|---|---|---|
Cash at beginning of period | 612.75K | 0 |
Operating activities | ||
Net income | 3.83M | -1.88M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 0 | 0 |
Stock-based compensation expense | 0 | 0 |
| Deferred income tax benefit | 0 | 0 |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | 0 | 0 |
Inventories | 0 | 0 |
Accounts payable | 811.23K | 179.37K |
Cash generated by operating activities | -1.12M | -189.66K |
Investing activities | ||
Purchases Of Investments | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 |
Acquisitions Net | 0 | 0 |
Cash generated by investing activities | -1.15M | -116.15M |
Financing activities | ||
Common Stock Issued | 1.15M | 114.59M |
Payments for dividends | 0 | 0 |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | 519.95K | -106.76K |
Cash used in financing activities | 1.66M | 116.95M |
Net Change In Cash | -602.41K | 612.75K |
Cash at end of period | 10.33K | 612.75K |
| Data source | Data source |