LAIX
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 LAIX generated cash of -$155,152,000, which is more than the previous year. Cash used in financing activities reached the amount of $1,145,000 last year. Net change in cash is therefore -$74,951,000.
Cash Flow
| 2016 | -38.59M | -121.67M | 0 |
|---|---|---|---|
| 2017 | -60.11M | 69.90M | 377.19M |
| 2018 | -112.94M | -417.71M | 443.97M |
| 2019 | -148.16M | 100.24M | -16.34M |
| 2020 | -302.59M | 164.66M | 4.28M |
| 2021 | -155.15M | 81.67M | 1.14M |
LAIX Cash Flow Statement (2016 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 138.50M | 282.98M | 344.72M | 416.48M | 41.30M | 199.25M |
Operating activities | ||||||
Net income | 59.90M | -394.82M | -574.78M | -488.06M | -242.75M | -89.16M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 36.01M | 58.48M | 53.88M | 5.91M | 1.02M | 550K |
Stock-based compensation expense | 22.04M | 29.02M | 26.68M | 45.47M | 8.51M | 4.52M |
| Deferred income tax benefit | 22.04M | 29.02M | 26.68M | 45.47M | 8.51M | 4.52M |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 2.99M | 1.46M | 7.04M | -41.33M | -10.62M | 0 |
Inventories | 0 | -22.30M | 39.80M | 10.13M | 30.12M | 0 |
Accounts payable | -16.42M | -55.25M | 61.39M | 4.23M | 53.46M | 10.37M |
Cash generated by operating activities | -155.15M | -302.59M | -148.16M | -112.94M | -60.11M | -38.59M |
Investing activities | ||||||
Purchases Of Investments | -78.42M | -51.20M | -35.91M | -409.68M | -143.91M | -163.32M |
Investments In Property Plant And Equipment | -5.75M | -9.34M | -51.66M | -43.06M | -10.72M | -1.26M |
Acquisitions Net | 0 | 7.30M | 2.27M | 1.34M | 0 | 0 |
Cash generated by investing activities | 81.67M | 164.66M | 100.24M | -417.71M | 69.90M | -121.67M |
Financing activities | ||||||
Common Stock Issued | 0 | 2.15M | 0 | 441.16M | 4.07M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | -17.44M | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | -5.54M | 0 | 0 |
Cash used in financing activities | 1.14M | 4.28M | -16.34M | 443.97M | 377.19M | 0 |
Net Change In Cash | -74.95M | -144.47M | -61.74M | -71.76M | 375.18M | -157.95M |
Cash at end of period | 63.55M | 138.50M | 282.98M | 344.72M | 416.48M | 41.30M |