KORE Group Holdings
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 KORE Group Holdings generated cash of -$6,419,000, which is less than the previous year. Cash used in financing activities reached the amount of $18,906,000 last year. Net change in cash is therefore -$7,570,000.
Cash Flow
| 2019 | 14.25M | -50.37M | 36.99M |
|---|---|---|---|
| 2020 | 26.47M | -11.60M | -12.71M |
| 2021 | -14.75M | -13.41M | 104.05M |
| 2022 | 15.47M | -62.54M | -3.81M |
| 2023 | -6.41M | -20.23M | 18.90M |
KORE Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 35.00M | 86.34M | 10.69M | 8.69M | 7.97M |
Operating activities | |||||
Net income | -167.04M | -105.42M | -24.45M | -35.20M | -23.44M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 60.69M | 54.49M | 50.41M | 52.48M | 48.13M |
Stock-based compensation expense | 11.25M | 10.29M | 4.56M | 1.16M | 1.68M |
| Deferred income tax benefit | 11.25M | 10.29M | 4.56M | 1.16M | 1.68M |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 0 | 8.96M | -11.88M | -6.07M | 860K |
Inventories | 1.97M | 6.54M | -9.87M | -3.02M | -566K |
Accounts payable | 12.96M | -2.11M | -8.37M | 13.1M | -2.45M |
Cash generated by operating activities | -6.41M | 15.47M | -14.75M | 26.47M | 14.25M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -4.43M | -16.54M | -13.41M | -11.96M | -12.88M |
Acquisitions Net | 0 | -46.00M | 0 | 366K | -37.48M |
Cash generated by investing activities | -20.23M | -62.54M | -13.41M | -11.60M | -50.37M |
Financing activities | |||||
Common Stock Issued | 0 | 0 | 239.38M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -2.75M | 0 | -229.91M | -200K | -80K |
Repayments of term debt | -119.97M | -4.33M | -30.7M | -12.51M | 31.03M |
Cash used in financing activities | 18.90M | -3.81M | 104.05M | -12.71M | 36.99M |
Net Change In Cash | -7.57M | -51.33M | 75.65M | 2.00M | 719K |
Cash at end of period | 27.43M | 35.00M | 86.34M | 10.69M | 8.69M |
| Data source | Data source | Data source |