Millennium Group International Holdings 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 Millennium Group International Holdings Limited generated cash of -$4,106,011, which is less than the previous year. Cash used in financing activities reached the amount of -$7,860,347 last year. Net change in cash is therefore -$14,230,038.
Cash Flow
| 2020 | 4.49M | -1.53M | 5.73M |
|---|---|---|---|
| 2021 | 5.34M | -1.46M | -7.31M |
| 2023 | 8.10M | -216.52K | 1.79M |
| 2024 | -4.10M | -2.24M | -7.86M |
MGIH Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2020 | 2019 | |
|---|---|---|---|---|
Cash at beginning of period | 27.57M | 19.44M | 23.40M | 14.70M |
Operating activities | ||||
Net income | -8.77M | -354.11K | 3.66M | 3.99M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 1.39M | 1.70M | 2.13M | 2.09M |
Stock-based compensation expense | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 688.28K | 6.69M | -1.37M | 2.08M |
Inventories | 1.28M | 3.40M | -1.43M | 456.33K |
Accounts payable | 250.48K | -1.58M | -443.37K | -755.63K |
Cash generated by operating activities | -4.10M | 8.10M | 5.34M | 4.49M |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -2.40M | -216.52K | -1.22M | -2.59M |
Acquisitions Net | 162.90K | 0 | 0 | 1.06M |
Cash generated by investing activities | -2.24M | -216.52K | -1.46M | -1.53M |
Financing activities | ||||
Common Stock Issued | 0 | 4.22M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | -7.86M | -2.42M | -19.35M | 0 |
Cash used in financing activities | -7.86M | 1.79M | -7.31M | 5.73M |
Net Change In Cash | -14.23M | 8.12M | -2.13M | 8.69M |
Cash at end of period | 13.34M | 27.57M | 21.27M | 23.40M |
| Data source | Data source |