Mobile Global Esports
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 Mobile Global Esports generated cash of -$3,573,736, which is less than the previous year. Cash used in financing activities reached the amount of -$160,558 last year. Net change in cash is therefore -$4,384,971.
Cash Flow
| 2021 | -44.62K | 0 | 282.82K |
|---|---|---|---|
| 2022 | -1.44M | -1.04M | 9.81M |
| 2023 | -3.57M | -650.07K | -160.55K |
MGAM Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 7.55M | 238.20K | 0 |
Operating activities | |||
Net income | -6.77M | -1.28M | -262.36K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 51.84K | 3.41K | 0 |
Stock-based compensation expense | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 71.37K | 49.53K | 31.81K |
Cash generated by operating activities | -3.57M | -1.44M | -44.62K |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -19.48K | -17.66K | 0 |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | -650.07K | -1.04M | 0 |
Financing activities | |||
Common Stock Issued | 362.44K | 11.90M | 345.82K |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | -160.55K | -93.80K | 0 |
Cash used in financing activities | -160.55K | 9.81M | 282.82K |
Net Change In Cash | -4.38M | 7.32M | 238.20K |
Cash at end of period | 3.17M | 7.55M | 238.20K |
| Data source | Data source |