Lake Victoria Gold 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 Lake Victoria Gold Ltd. generated cash of -$2,173,662, which is more than the previous year. Cash used in financing activities reached the amount of $2,467,069 last year. Net change in cash is therefore -$1,628,441.
Cash Flow
| 2019 | -271.73K | 0 | 272.37K |
|---|---|---|---|
| 2022 | -4.66M | 4.41M | 2.13M |
| 2023 | -2.17M | -1.89M | 2.46M |
LVG.V Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2019 | |
|---|---|---|---|
Cash at beginning of period | 2.25M | 650.48K | 3.08K |
Operating activities | |||
Net income | -2.94M | -3.29M | -517.91K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 29.48K | 27.59K | 27.50K |
Stock-based compensation expense | 487.75K | 37.03K | 0 |
| Deferred income tax benefit | 487.75K | 37.03K | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 71 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 348.19K | -238.79K | 0 |
Cash generated by operating activities | -2.17M | -4.66M | -271.73K |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -13.66K | -2.38M | 0 |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | -1.89M | 4.41M | 0 |
Financing activities | |||
Common Stock Issued | 240K | 1.79M | 192K |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | 0 | 353.49K | 0 |
Cash used in financing activities | 2.46M | 2.13M | 272.37K |
Net Change In Cash | -1.62M | 1.60M | 502 |
Cash at end of period | 627.10K | 2.25M | 3.58K |