Fortune Rise Acquisition
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 Rise Acquisition generated cash of -$3,186,843, which is less than the previous year. Cash used in financing activities reached the amount of -$66,406,625 last year. Net change in cash is therefore -$159,404.
Cash Flow
| 2021 | -276.81K | -99.70M | 100.82M |
|---|---|---|---|
| 2022 | -689.06K | -769.53K | 783.75K |
| 2023 | -3.18M | 69.43M | -66.40M |
FRLAU Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 172.31K | 847.17K | 0 |
Operating activities | |||
Net income | -351.70K | -47.60K | -132.16K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 137.13K | 147.85K | 8.20K |
Cash generated by operating activities | -3.18M | -689.06K | -276.81K |
Investing activities | |||
Purchases Of Investments | -2.00M | -977.5K | -99.70M |
Investments In Property Plant And Equipment | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | 69.43M | -769.53K | -99.70M |
Financing activities | |||
Common Stock Issued | 0 | 0 | 100.82M |
Payments for dividends | 0 | -1.46M | 0 |
Repurchases of common stock | -70.38M | 0 | 0 |
Repayments of term debt | 3.97M | 733.75K | 0 |
Cash used in financing activities | -66.40M | 783.75K | 100.82M |
Net Change In Cash | -159.40K | -674.85K | 847.17K |
Cash at end of period | 12.91K | 172.31K | 847.17K |
| Data source | Data source | Data source |