FGI Industries Ltd.
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 FGI Industries Ltd. generated cash of $1,389,699, which is more than the previous year. Cash used in financing activities reached the amount of -$2,835,876 last year. Net change in cash is therefore -$2,290,187.
Cash Flow
| 2019 | 1.29M | -233.86K | -1.97M |
|---|---|---|---|
| 2020 | 5.79M | -76.53K | -4.25M |
| 2021 | -3.21M | -51.89K | 3.31M |
| 2022 | 980.26K | -1.06M | 7.01M |
| 2023 | 1.38M | -942.61K | -2.83M |
FGI Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 10.06M | 3.88M | 4.01M | 2.41M | 3.10M |
Operating activities | |||||
Net income | 733.60K | 3.67M | 7.90M | 4.73M | 1.57M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 2.01M | 218.66K | 287.07K | 560.80K | 525.12K |
Stock-based compensation expense | 417.97K | 383.57K | 0 | 0 | 0 |
| Deferred income tax benefit | 417.97K | 383.57K | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -1.12M | 13.48M | -11.11M | -2.03M | 2.06M |
Inventories | 3.36M | 7.97M | -12.95M | 985.02K | 381.76K |
Accounts payable | 436.50K | -17.18M | 12.49M | 2.81M | -3.06M |
Cash generated by operating activities | 1.38M | 980.26K | -3.21M | 5.79M | 1.29M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -840.38K | -1.06M | -57.83K | -76.53K | -233.86K |
Acquisitions Net | 0 | 400 | 5.94K | 0 | 0 |
Cash generated by investing activities | -942.61K | -1.06M | -51.89K | -76.53K | -233.86K |
Financing activities | |||||
Common Stock Issued | 0 | 12.37M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | -2.04M |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -2.83M | 0 | -5.26M | -2.86M | 65.71K |
Cash used in financing activities | -2.83M | 7.01M | 3.31M | -4.25M | -1.97M |
Net Change In Cash | -2.29M | 6.18M | -134.66K | 1.60M | -689.00K |
Cash at end of period | 7.77M | 10.06M | 3.88M | 4.01M | 2.41M |
| Data source | Data source | Data source |