Globavend Holdings Limited
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 Globavend Holdings Limited generated cash of $2,021,831, which is more than the previous year. Cash used in financing activities reached the amount of -$2,017,979 last year. Net change in cash is therefore -$3,603.
Cash Flow
| 2021 | 875.08K | -1.19K | -222.75K |
|---|---|---|---|
| 2022 | 783.04K | -9.24K | -1.24M |
| 2023 | 2.02M | -7.45K | -2.01M |
GVH Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 557.73K | 1.02M | 377.29K |
Operating activities | |||
Net income | 1.07M | 810.22K | 564.75K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 3.85K | 61.48K | 11.35K |
Stock-based compensation expense | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | -350.76K | -285.64K | -40.5K |
Inventories | 0 | -123.86K | -34.20K |
Accounts payable | 1.29M | 344.66K | 382.88K |
Cash generated by operating activities | 2.02M | 783.04K | 875.08K |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -7.45K | -9.24K | -1.19K |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | -7.45K | -9.24K | -1.19K |
Financing activities | |||
Common Stock Issued | 0 | 0 | 0 |
Payments for dividends | -1.47M | -885.70K | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 |
Cash used in financing activities | -2.01M | -1.24M | -222.75K |
Net Change In Cash | -3.60K | -470.70K | 651.14K |
Cash at end of period | 554.13K | 557.73K | 1.02M |