Global Tech Industries Group
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 Global Tech Industries Group generated cash of -$4,367,601, which is less than the previous year. Cash used in financing activities reached the amount of $2,236,001 last year. Net change in cash is therefore -$2,081,600.
Cash Flow
| 2014 | -161.64K | 0 | 162.16K |
|---|---|---|---|
| 2015 | -115.98K | -1.93K | 116.33K |
| 2016 | -358.17K | 74.46K | 324.25K |
| 2017 | -167.66K | 0 | 247.55K |
| 2018 | -287.67K | 0 | 174.94K |
| 2019 | -223.59K | 206.23K | 10.97K |
| 2020 | -173.39K | -3.07K | 177.51K |
| 2021 | -655.62K | 166.12K | 846.15K |
| 2022 | -488.27K | -106.56K | 3.55M |
| 2023 | -4.36M | 50K | 2.23M |
GTII Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 3.32M | 359.14K | 2.47K | 1.43K | 7.81K | 120.54K | 40.65K | 108 | 1.68K | 1.16K |
Operating activities | ||||||||||
Net income | -97.88M | -13.59M | -6.06M | -2.77M | -1.42M | -2.88M | -1.63M | -8.07M | -308.29K | -349.59K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 803 | 1.69K | 3K | 267 | 0 | 362 | 1.31K | 1.31K | 2.45K | 2.82K |
Stock-based compensation expense | 0 | 0 | 3.67M | 2.03M | 969.55K | 0 | 429 | 7.56K | 0 | 10 |
| Deferred income tax benefit | 0 | 0 | 3.67M | 2.03M | 969.55K | 0 | 429 | 7.56K | 0 | 10 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | -24.12K | 0 | 0 | 0 | 130.34K | 0 | 2.38K | 2.34K |
Inventories | 0 | 0 | 5.03K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | -700.94K | 1.11M | 671.02K | 577.29K | 762.01K | 852.69K | 891.76K | 138.20K | 174.02K | 159.34K |
Cash generated by operating activities | -4.36M | -488.27K | -655.62K | -173.39K | -223.59K | -287.67K | -167.66K | -358.17K | -115.98K | -161.64K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.41K | -1.93K | 0 |
Investments In Property Plant And Equipment | 0 | 0 | -5K | -3.21K | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | -181.56K | 238.97K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 50K | -106.56K | 166.12K | -3.07K | 206.23K | 0 | 0 | 74.46K | -1.93K | 0 |
Financing activities | ||||||||||
Common Stock Issued | 0 | 3.27M | 108.47K | 0 | 25K | 0 | 128.63K | 370K | 0 | 10K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 2.23M | 130K | -847.2K | -68K | 0 | -60.96K | 118.91K | -499.36K | 35.33K | -49.46K |
Cash used in financing activities | 2.23M | 3.55M | 846.15K | 177.51K | 10.97K | 174.94K | 247.55K | 324.25K | 116.33K | 162.16K |
Net Change In Cash | -2.08M | 2.96M | 356.66K | 1.04K | -6.38K | -112.72K | 79.88K | 40.54K | -1.58K | 520 |
Cash at end of period | 1.23M | 3.32M | 359.14K | 2.47K | 1.43K | 7.81K | 120.54K | 40.65K | 108 | 1.68K |
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