Fortune Bay 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 Fortune Bay Corp. generated cash of -$714,348, which is more than the previous year. Cash used in financing activities reached the amount of $1,155,016 last year. Net change in cash is therefore $53,320.
Cash Flow
| 2015 | -216.01K | -488.50K | 757.10K |
|---|---|---|---|
| 2016 | -386.69K | 119.55K | 680.16K |
| 2017 | -327.65K | -185.70K | 75K |
| 2018 | -518.22K | -244.63K | 817.72K |
| 2019 | -164.39K | -185.26K | 265.2K |
| 2020 | -1.09M | -354.46K | 4.47M |
| 2021 | -1.64M | -2.37M | 7.50M |
| 2022 | -1.15M | -4.82M | 0 |
| 2023 | -714.34K | -387.34K | 1.15M |
FOR.V Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 531.83K | 6.51M | 3.04M | 23.45K | 107.91K | 53.04K | 491.40K | 78.38K | 25.79K |
Operating activities | |||||||||
Net income | -1.38M | -1.37M | -1.82M | -1.08M | -613.83K | -742.19K | -660.71K | -502.90K | -358.86K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||||
Depreciation and amortization | 4.07K | 5.35K | 5.79K | 1.12K | 2.84K | 1.21K | 2.82K | 5.40K | 7.47K |
Stock-based compensation expense | 383.10K | 447.34K | 340.12K | 174.63K | 42.94K | 0 | 133.30K | 91.62K | 0 |
| Deferred income tax benefit | 383.10K | 447.34K | 340.12K | 174.63K | 42.94K | 0 | 133.30K | 91.62K | 0 |
| Changes in operating assets and liabilities: | |||||||||
Accounts receivable, net | -3.96K | -13.98K | -30.63K | -24.08K | -9.25K | 0 | 110.04K | 71.52K | -64.29K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -714.34K | -1.15M | -1.64M | -1.09M | -164.39K | -518.22K | -327.65K | -386.69K | -216.01K |
Investing activities | |||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -390.92K | -4.84M | -2.37M | -354.46K | -185.26K | -274.63K | -185.70K | -303.89K | -488.50K |
Acquisitions Net | 0 | 21.91K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -387.34K | -4.82M | -2.37M | -354.46K | -185.26K | -244.63K | -185.70K | 119.55K | -488.50K |
Financing activities | |||||||||
Common Stock Issued | 655.81K | 0 | 5.61M | 3.57M | 0 | 915K | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 499.2K | 0 | -190.58K | -79.08K | 0 | -75.42K | 75K | 0 | 0 |
Cash used in financing activities | 1.15M | 0 | 7.50M | 4.47M | 265.2K | 817.72K | 75K | 680.16K | 757.10K |
Net Change In Cash | 53.32K | -5.98M | 3.47M | 3.01M | -84.45K | 54.86K | -438.35K | 413.01K | 52.58K |
Cash at end of period | 585.15K | 531.83K | 6.51M | 3.04M | 23.45K | 107.91K | 53.04K | 491.40K | 78.38K |