Flora Growth 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 Flora Growth Corp. generated cash of -$8,396,000, which is more than the previous year. Cash used in financing activities reached the amount of $3,150,000 last year. Net change in cash is therefore -$4,550,000.
Cash Flow
| 2019 | -453.82K | -431.22K | 1.00M |
|---|---|---|---|
| 2020 | -8.42M | -2.16M | 25.81M |
| 2021 | -20.64M | -14.55M | 58.10M |
| 2022 | -15.93M | -15.80M | 4.41M |
| 2023 | -8.39M | -234K | 3.15M |
FLGC Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 8.93M | 37.61M | 15.52M | 140K | -3.72K |
Operating activities | |||||
Net income | -47.35M | -52.62M | -21.36M | -14.33M | -2.84M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 2.48M | 2.62M | 765K | 113K | 25.86K |
Stock-based compensation expense | 1.59M | 3.40M | 1.34M | 4.90M | 1.80M |
| Deferred income tax benefit | 1.59M | 3.40M | 1.34M | 4.90M | 1.80M |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 1.52M | 143K | -5.68M | -543K | -18.68K |
Inventories | 576K | 1.21M | -1.14M | -55K | 0 |
Accounts payable | 0 | 1.09M | 3.04M | -323K | 0 |
Cash generated by operating activities | -8.39M | -15.93M | -20.64M | -8.42M | -453.82K |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | -2.50M | 0 | 0 |
Investments In Property Plant And Equipment | -163K | -1.29M | -3.98M | -234K | -140.17K |
Acquisitions Net | 0 | -14.50M | -8.08M | -730K | 98.97K |
Cash generated by investing activities | -234K | -15.80M | -14.55M | -2.16M | -431.22K |
Financing activities | |||||
Common Stock Issued | 2.73M | 5M | 42.61M | 30M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | -255K | 2.50M | 0 | 0 |
Repayments of term debt | 808K | 1K | -515K | -1.08M | 0 |
Cash used in financing activities | 3.15M | 4.41M | 58.10M | 25.81M | 1.00M |
Net Change In Cash | -4.55M | -28.07M | 22.09M | 15.38M | 143.61K |
Cash at end of period | 4.38M | 9.53M | 37.61M | 15.52M | 139.89K |
| Data source | Data source | Data source |