Infobird Co., Ltd
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 Infobird Co., Ltd generated cash of -$2,719,961, which is more than the previous year. Cash used in financing activities reached the amount of $49,569,739 last year. Net change in cash is therefore -$552,645.
Cash Flow
| 2018 | -1.16M | -55.32K | 2.43M |
|---|---|---|---|
| 2019 | 6.32M | -2.03M | -3.44M |
| 2020 | 1.53M | -3.24M | -233.38K |
| 2021 | -7.53M | -10.36M | 22.33M |
| 2022 | -5.23M | -5.27M | 5.53M |
| 2023 | -2.71M | -47.37M | 49.56M |
IFBD Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 1.03M | 6.29M | 1.68M | 3.50M | 2.71M | 1.62M |
Operating activities | ||||||
Net income | -21.43M | -16.18M | -14.22M | 4.06M | 5.10M | 2.44M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 0 | 1.42M | 1.05M | 481.99K | 203.52K | 341.92K |
Stock-based compensation expense | 0 | 10.13K | 140.46K | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 10.13K | 140.46K | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | -503.23K | 2.01M | -4.35M | -1.66M | 1.35M | -162.50K |
Inventories | 0 | 384.9K | 288.42K | -1.28M | 164.11K | -1.74M |
Accounts payable | 0 | -994.00K | 3.91M | -650.17K | -90.44K | -1.72M |
Cash generated by operating activities | -2.71M | -5.23M | -7.53M | 1.53M | 6.32M | -1.16M |
Investing activities | ||||||
Purchases Of Investments | 0 | 0 | -15M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -470.80K | -2.14M | -3.24M | -2.05M | -644.48K |
Acquisitions Net | 0 | 0 | -1.28M | 0 | -1.78M | 0 |
Cash generated by investing activities | -47.37M | -5.27M | -10.36M | -3.24M | -2.03M | -55.32K |
Financing activities | ||||||
Common Stock Issued | 49.52M | 291.85K | 22.84M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 2.94M | 5M | -3.17M | -2.89M | -1.27M | -872.85K |
Cash used in financing activities | 49.56M | 5.53M | 22.33M | -233.38K | -3.44M | 2.43M |
Net Change In Cash | -552.64K | -5.25M | 4.61M | -1.82M | 798.05K | 1.08M |
Cash at end of period | 486.17K | 1.03M | 6.29M | 1.68M | 3.50M | 2.71M |
| Data source | Data source | Data source | Data source |