Happiness Development Group 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 Happiness Development Group Limited generated cash of -$28,134,783, which is less than the previous year. Cash used in financing activities reached the amount of $18,830,786 last year. Net change in cash is therefore -$16,825,121.
Cash Flow
| 2017 | 11.31M | -1.09M | -8.42M |
|---|---|---|---|
| 2018 | 12.93M | -157.96K | -8.78M |
| 2019 | 6.54M | -277.16K | 271.10K |
| 2020 | 10.77M | -1.15M | 10.40M |
| 2021 | 2.90M | -13.22M | 10.67M |
| 2022 | -28.13M | -8.47M | 18.83M |
HAPP Cash Flow Statement (2017 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 36.55M | 33.65M | 14.80M | 8.88M | 4.26M | 2.68M |
Operating activities | ||||||
Net income | -54.02M | 691.95K | 12.68M | 18.72M | 17.48M | 14.51M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 2.18M | 880.87K | 690.74K | 699.54K | 137.17K | 142.96K |
Stock-based compensation expense | 1.08M | 778.42K | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 1.08M | 778.42K | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 23.22M | -2.10M | 393.14K | 553.29K | -6.55M | -4.34M |
Inventories | 454.26K | 389.38K | -276.90K | 298.44K | 2.30M | -184.40K |
Accounts payable | -4.84M | 6.72M | -32.72K | 3.73M | -1.19M | 1.12M |
Cash generated by operating activities | -28.13M | 2.90M | 10.77M | 6.54M | 12.93M | 11.31M |
Investing activities | ||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -2.40M | -3.83M | -1.15M | -283.1K | -157.96K | -1.09M |
Acquisitions Net | -8.04M | -9.38M | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -8.47M | -13.22M | -1.15M | -277.16K | -157.96K | -1.09M |
Financing activities | ||||||
Common Stock Issued | 18.87M | 10.96M | 9.34M | 0 | 0 | 0 |
Payments for dividends | 0 | -375K | 0 | 0 | -8.33M | 0 |
Repurchases of common stock | 0 | 2.16M | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | -2.11M | -2.06M | 0 | -2.03M | 0 |
Cash used in financing activities | 18.83M | 10.67M | 10.40M | 271.10K | -8.78M | -8.42M |
Net Change In Cash | -16.82M | 2.90M | 18.85M | 5.91M | 4.61M | 1.58M |
Cash at end of period | 19.73M | 36.55M | 33.65M | 14.80M | 8.88M | 4.26M |
| Data source | Data source | Data source | Data source |