Fortune Valley Treasures
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 Valley Treasures generated cash of -$179,210, which is less than the previous year. Cash used in financing activities reached the amount of $236,605 last year. Net change in cash is therefore $122,570.
Cash Flow
| 2015 | -35.00K | 0 | 27.5K |
|---|---|---|---|
| 2016 | -42.49K | 0 | 0 |
| 2017 | -52.43K | 0 | 27.87K |
| 2018 | -230.37K | 1 | 182.41K |
| 2019 | -173.64K | 0 | 182.30K |
| 2020 | 1.23M | -948.03K | -108.36K |
| 2021 | -457.14K | 469.19K | -192.03K |
| 2022 | 6.92K | -10.11K | 66.12K |
| 2023 | -179.21K | -4.87K | 236.60K |
FVTI Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 165.68K | 123.16K | 249.83K | 38.13K | 29.99K | 77.78K | 103.96K | 42.49K | 50K |
Operating activities | |||||||||
Net income | -4.04M | -2.15M | 1.96M | -3.64M | -377.75K | -262.42K | -44.86K | -23.33K | -45.59K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||||
Depreciation and amortization | 243.86K | 852.88K | 869.40K | 282.79K | 16.31K | 3.92K | 6.77K | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||||
Accounts receivable, net | 0 | -2.41M | -124.84K | -2.31M | 7.51K | 0 | 92.34K | 0 | 0 |
Inventories | 112.86K | -76.52K | 66.42K | -28.65K | 206.78K | 33.81K | -125.20K | 0 | 0 |
Accounts payable | -87.04K | 482.21K | -18.63K | 199.52K | -29.35K | 0 | -1.24K | 11.57K | 0 |
Cash generated by operating activities | -179.21K | 6.92K | -457.14K | 1.23M | -173.64K | -230.37K | -52.43K | -42.49K | -35.00K |
Investing activities | |||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -4.87K | -10.11K | -145.08K | -65.89K | 0 | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 7.67K | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -4.87K | -10.11K | 469.19K | -948.03K | 0 | 1 | 0 | 0 | 0 |
Financing activities | |||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 11.62K | 0 | 27.5K |
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 | 236.60K | 66.12K | -734.60K | -920.45K | 182.30K | 0 | 243.08K | 0 | 0 |
Cash used in financing activities | 236.60K | 66.12K | -192.03K | -108.36K | 182.30K | 182.41K | 27.87K | 0 | 27.5K |
Net Change In Cash | 122.57K | 42.52K | -126.67K | 211.7K | 8.13K | -47.78K | -26.18K | -42.49K | -7.50K |
Cash at end of period | 288.25K | 165.68K | 123.16K | 249.83K | 38.13K | 29.99K | 77.78K | 0 | 42.49K |
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