Massimo Group Common Stock
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 Massimo Group Common Stock generated cash of $10,912,592, which is more than the previous year. Cash used in financing activities reached the amount of -$10,973,587 last year. Net change in cash is therefore -$182,157.
Cash Flow
| 2022 | 199.50K | -197.80K | -342.58K |
|---|---|---|---|
| 2023 | 10.91M | -121.16K | -10.97M |
MAMO Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 947.97K | 1.28M |
Operating activities | ||
Net income | 10.41M | 4.16M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 193.62K | 146.65K |
Stock-based compensation expense | 0 | 0 |
| Deferred income tax benefit | 0 | 0 |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | 598.43K | 1.09M |
Inventories | 439.9K | -1.44M |
Accounts payable | 1.35M | -1.15M |
Cash generated by operating activities | 10.91M | 199.50K |
Investing activities | ||
Purchases Of Investments | 0 | 0 |
Investments In Property Plant And Equipment | -134.66K | -197.80K |
Acquisitions Net | 0 | 0 |
Cash generated by investing activities | -121.16K | -197.80K |
Financing activities | ||
Common Stock Issued | 601.84K | 0 |
Payments for dividends | 0 | 0 |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | -5.34M | 1.55M |
Cash used in financing activities | -10.97M | -342.58K |
Net Change In Cash | -182.15K | -340.88K |
Cash at end of period | 765.81K | 947.97K |
| Data source |