Logan Energy Corp.
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 Logan Energy Corp. generated cash of $23,954,000, which is less than the previous year. Cash used in financing activities reached the amount of $98,254,000 last year. Net change in cash is therefore $53,970,000.
Cash Flow
| 2022 | 67.11M | -22.11M | -45M |
|---|---|---|---|
| 2023 | 23.95M | -68.23M | 98.25M |
LGN.V Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 0 | 0 |
Operating activities | ||
Net income | -33.79M | 39.40M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 26.27M | 0 |
Stock-based compensation expense | 13.67M | 2.08M |
| Deferred income tax benefit | 13.67M | 2.08M |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | 0 | 0 |
Inventories | 0 | 0 |
Accounts payable | 0 | 0 |
Cash generated by operating activities | 23.95M | 67.11M |
Investing activities | ||
Purchases Of Investments | 0 | 0 |
Investments In Property Plant And Equipment | -85.80M | -7.64M |
Acquisitions Net | 0 | 0 |
Cash generated by investing activities | -68.23M | -22.11M |
Financing activities | ||
Common Stock Issued | 48.40M | 0 |
Payments for dividends | 0 | 0 |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | -147K | -132K |
Cash used in financing activities | 98.25M | -45M |
Net Change In Cash | 53.97M | 0 |
Cash at end of period | 53.97M | 0 |