Gaotu Techedu
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 Gaotu Techedu generated cash of $353,697,000, which is less than the previous year. Cash used in financing activities reached the amount of -$90,480,000 last year. Net change in cash is therefore -$149,980,000.
Cash Flow
| 2017 | -49.64M | -10.14M | 56.53M |
|---|---|---|---|
| 2018 | 241.86M | -198.72M | -29.19M |
| 2019 | 1.28B | -2.50B | 1.24B |
| 2020 | 603.27M | -5.59B | 5.27B |
| 2021 | -4.18B | 4.81B | -100.61M |
| 2022 | 373.74M | -1.08B | 0 |
| 2023 | 353.69M | -423.97M | -90.48M |
GOTU Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 819.93M | 6.14B | 355.22M | 73.96M | 33.25M | 19.29M | 22.58M |
Operating activities | |||||||
Net income | -7.29M | 90.25M | -3.10B | -1.39B | 226.63M | 19.65M | -86.95M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 54.24M | 484.82M | 112.56M | 57.21M | 12.05M | 4.21M | 4.93M |
Stock-based compensation expense | 58.35M | 840.42M | 320.88M | 238.44M | 60.23M | 0 | 5.78M |
| Deferred income tax benefit | 58.35M | 840.42M | 320.88M | 238.44M | 60.23M | 0 | 5.78M |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 353.69M | 373.74M | -4.18B | 603.27M | 1.28B | 241.86M | -49.64M |
Investing activities | |||||||
Purchases Of Investments | -20.42B | -200.88B | -46.00B | -17.39B | -9.83B | -422.76M | -26.12M |
Investments In Property Plant And Equipment | -40.8M | -129.85M | -272.32M | -284.07M | -61.26M | -12.13M | -370K |
Acquisitions Net | 0 | -102.77M | 5.54M | -108.53M | 0 | 3.22M | 55K |
Cash generated by investing activities | -423.97M | -1.08B | 4.81B | -5.59B | -2.50B | -198.72M | -10.14M |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 0 | 5.68B | 1.36B | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -90.49M | 0 | 0 | -282.54M | -86.73M | 0 | 0 |
Repayments of term debt | 0 | 0 | -400M | 0 | 0 | 0 | 59.53M |
Cash used in financing activities | -90.48M | 0 | -100.61M | 5.27B | 1.24B | -29.19M | 56.53M |
Net Change In Cash | -149.98M | -528.90M | 541.89M | 281.25M | 40.70M | 13.96M | -3.29M |
Cash at end of period | 669.95M | 5.61B | 897.12M | 355.22M | 73.96M | 33.25M | 19.29M |
| Data source | Data source | Data source | Data source | Data source |