LOBO EV TECHNOLOGIES LTD. Ordinary shares
Cash Flow
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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 LOBO EV TECHNOLOGIES LTD. Ordinary shares generated cash of -$1,416,618, which is less than the previous year. Cash used in financing activities reached the amount of $1,096,009 last year. Net change in cash is therefore $287,506.
Cash Flow
| 2022 | -1.18M | -981.40K | 1.72M |
|---|---|---|---|
| 2023 | -1.41M | 614.67K | 1.09M |
LOBO Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 182.82K | 614.00K |
Operating activities | ||
Net income | 969.59K | 1.07M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 722.77K | 347.18K |
Stock-based compensation expense | 0 | 0 |
| Deferred income tax benefit | 0 | 0 |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | 437.68K | -1.75M |
Inventories | -3.44M | -2.02M |
Accounts payable | -816.53K | 860.36K |
Cash generated by operating activities | -1.41M | -1.18M |
Investing activities | ||
Purchases Of Investments | -70.27K | -19.53M |
Investments In Property Plant And Equipment | -314.19K | -1.38M |
Acquisitions Net | 0 | 1.50M |
Cash generated by investing activities | 614.67K | -981.40K |
Financing activities | ||
Common Stock Issued | 0 | 1.20M |
Payments for dividends | 0 | 0 |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | 1.09M | 517.06K |
Cash used in financing activities | 1.09M | 1.72M |
Net Change In Cash | 287.50K | -431.17K |
Cash at end of period | 470.33K | 182.82K |
| Data source |