Montrose Environmental Group
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 Montrose Environmental Group generated cash of $56,022,000, which is more than the previous year. Cash used in financing activities reached the amount of -$20,110,000 last year. Net change in cash is therefore -$66,588,000.
Cash Flow
| 2018 | -2.84M | -50.28M | 50.85M |
|---|---|---|---|
| 2019 | 17.04M | -86.98M | 74.45M |
| 2020 | 1.85M | -179.74M | 205.90M |
| 2021 | 37.58M | -71.64M | 146.10M |
| 2022 | 20.64M | -38.68M | -38.76M |
| 2023 | 56.02M | -101.62M | -20.11M |
MEG Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 89.82M | 146.74M | 34.88M | 6.88M | 2.48M | 4.76M |
Operating activities | ||||||
Net income | -30.85M | -31.81M | -25.32M | -57.94M | -23.55M | -16.49M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 55.97M | 56.76M | 52.96M | 37.27M | 27.70M | 23.91M |
Stock-based compensation expense | 47.26M | 43.29M | 10.32M | 4.84M | 4.34M | 0 |
| Deferred income tax benefit | 47.26M | 43.29M | 10.32M | 4.84M | 4.34M | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | -2.92M | 4.39M | -36.16M | -19.20M | -6.58M | -9.99M |
Inventories | 8.54M | 0 | 36.16M | 19.20M | 0 | -11.28M |
Accounts payable | -8.91M | -9.87M | 23.99M | 601K | 6.08M | -2.20M |
Cash generated by operating activities | 56.02M | 20.64M | 37.58M | 1.85M | 17.04M | -2.84M |
Investing activities | ||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -29.57M | -10.00M | -7.58M | -7.77M | -4.71M | -4.10M |
Acquisitions Net | -66.18M | -28.62M | -55.73M | -171.98M | -81.37M | -45.83M |
Cash generated by investing activities | -101.62M | -38.68M | -71.64M | -179.74M | -86.98M | -50.28M |
Financing activities | ||||||
Common Stock Issued | 4.69M | 0 | 169.78M | 161.69M | 1.50M | 30K |
Payments for dividends | -16.39M | -16.39M | -16.4M | -6.97M | 0 | 0 |
Repurchases of common stock | -4.69M | 0 | 291.23M | -131.82M | 0 | -2.72M |
Repayments of term debt | -6.45M | -12.71M | -285.61M | -254.67M | 0 | -173.92M |
Cash used in financing activities | -20.11M | -38.76M | 146.10M | 205.90M | 74.45M | 50.85M |
Net Change In Cash | -66.58M | -56.91M | 111.86M | 27.99M | 4.39M | -2.27M |
Cash at end of period | 23.24M | 89.82M | 146.74M | 34.88M | 6.88M | 2.48M |
| Data source | Data source | Data source | Data source |