MGO Global Inc. 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 MGO Global Inc. Common Stock generated cash of -$6,978,788, which is less than the previous year. Cash used in financing activities reached the amount of $8,125,711 last year. Net change in cash is therefore $820,959.
Cash Flow
| 2020 | -401.57K | -250K | 39.54K |
|---|---|---|---|
| 2021 | -769.82K | 0 | 741.09K |
| 2022 | -1.68M | 0 | 1.70M |
| 2023 | -6.97M | -325.96K | 8.12M |
MGOL Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 113.95K | 87.92K | 116.65K | 728.68K |
Operating activities | ||||
Net income | -7.14M | -2.87M | -985.89K | -1.42M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 6.50K | 0 | 0 | 0 |
Stock-based compensation expense | 1.22M | 141.73K | 132.81K | 17.18K |
| Deferred income tax benefit | 1.22M | 141.73K | 132.81K | 17.18K |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 37.36K | -98.55K | 7.47K | -10.76K |
Inventories | -680.00K | -1.14K | 130.07K | 236.44K |
Accounts payable | 160.90K | 204.12K | 350.53K | 135.39K |
Cash generated by operating activities | -6.97M | -1.68M | -769.82K | -401.57K |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | -250K |
Investments In Property Plant And Equipment | -325.96K | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | -250K |
Cash generated by investing activities | -325.96K | 0 | 0 | -250K |
Financing activities | ||||
Common Stock Issued | 8.26M | 1.71M | 659.1K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | -10.79K | -3.24K | -40.88K | -11K |
Cash used in financing activities | 8.12M | 1.70M | 741.09K | 39.54K |
Net Change In Cash | 820.95K | 26.03K | -28.73K | -612.03K |
Cash at end of period | 934.91K | 113.95K | 87.92K | 116.65K |
| Data source | Data source |