Magic Empire Global Limited
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 Magic Empire Global Limited generated cash of $94,490, which is more than the previous year. Cash used in financing activities reached the amount of -$1,581,900 last year. Net change in cash is therefore -$29,406,420.
Cash Flow
| 2019 | 8.00M | -1.36M | -7M |
|---|---|---|---|
| 2020 | -3.98M | 0 | -3.8M |
| 2021 | 678.65K | 0 | 3.12M |
| 2022 | -910.36K | -14.59M | 125.63M |
| 2023 | 94.49K | -27.91M | -1.58M |
MEGL Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 121.81M | 11.68M | 7.87M | 15.66M | 0 |
Operating activities | |||||
Net income | -483.81K | -3.84M | 1.57M | 4.19M | 10.01M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 2.10M | 1.95M | 3.04M | 3.34M | 3.25M |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 339.53K | 3.19M | -2.40M | -683.37K | 309.01K |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 94.49K | -910.36K | 678.65K | -3.98M | 8.00M |
Investing activities | |||||
Purchases Of Investments | -26.11M | -14.5M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.90M | 0 | 0 | 0 | -1.36M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -27.91M | -14.59M | 0 | 0 | -1.36M |
Financing activities | |||||
Common Stock Issued | 0 | 140.53M | 0 | 0 | 0 |
Payments for dividends | -1.58M | -4M | 0 | -3.75M | -6.99M |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | -1.58M | 125.63M | 3.12M | -3.8M | -7M |
Net Change In Cash | -29.40M | 110.12M | 3.80M | -7.78M | 15.66M |
Cash at end of period | 92.40M | 121.81M | 11.68M | 7.87M | 15.66M |
| Data source | Data source |