Mkango Resources Ltd.
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 Mkango Resources Ltd. generated cash of -$3,558,441, which is more than the previous year. Cash used in financing activities reached the amount of $6,490,494 last year. Net change in cash is therefore $503,079.
Cash Flow
| 2014 | -2.07M | 0 | 1.80M |
|---|---|---|---|
| 2015 | -710.47K | -39.44K | 785.89K |
| 2016 | -958.68K | -2.37K | 1.14M |
| 2017 | -648.30K | 0 | 950.79K |
| 2018 | -7.27M | -83.90K | 9.05M |
| 2019 | -3.57M | -50.35K | 10.82M |
| 2020 | -4.21M | -641.93K | 106.89K |
| 2021 | -7.13M | -7.58K | 6.85M |
| 2022 | -5.13M | -196.36K | 1.82M |
| 2023 | -3.55M | -2.04M | 6.49M |
MKA.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 493.70K | 4.44M | 4.92M | 9.53M | 2.40M | 691.27K | 388.67K | 208.16K | 161.00K | 437.37K |
Operating activities | ||||||||||
Net income | -4.05M | -5.98M | -9.70M | -4.06M | -3.03M | -7.17M | -2.52M | -856.90K | 530.29K | -2.31M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 253.10K | 18.39K | 31.54K | 31.34K | 29.82K | 25.90K | 11.15K | 10.85K | 5.30K | 1.24K |
Stock-based compensation expense | 628.78K | 963.98K | 991.06K | 118.25K | 265.08K | 0 | 402.12K | 494.71K | 108.44K | 369.82K |
| Deferred income tax benefit | 628.78K | 963.98K | 991.06K | 118.25K | 265.08K | 0 | 402.12K | 494.71K | 108.44K | 369.82K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 274.01K | -338 | 13.08K | 40.85K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | -367.77K | 989.51K | -155.71K | 57.3K | 28.11K | 164.13K | 10.29K | 119.56K | 63.83K |
Cash generated by operating activities | -3.55M | -5.13M | -7.13M | -4.21M | -3.57M | -7.27M | -648.30K | -958.68K | -710.47K | -2.07M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -520.15K | -196.36K | -7.58K | 0 | -50.35K | -83.90K | 0 | -2.37K | -42.12K | 0 |
Acquisitions Net | -1.04M | 0 | 0 | -641.93K | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -2.04M | -196.36K | -7.58K | -641.93K | -50.35K | -83.90K | 0 | -2.37K | -39.44K | 0 |
Financing activities | ||||||||||
Common Stock Issued | 4.21M | 0 | 7.63M | 0 | 0 | 0 | 609.44K | 1.14M | 785.89K | 1.80M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 517.01K | 1.82M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 6.49M | 1.82M | 6.85M | 106.89K | 10.82M | 9.05M | 950.79K | 1.14M | 785.89K | 1.80M |
Net Change In Cash | 503.07K | -3.95M | -477.71K | -4.60M | 7.12M | 1.70M | 302.59K | 180.51K | 47.15K | -276.36K |
Cash at end of period | 996.78K | 493.70K | 4.44M | 4.92M | 9.53M | 2.40M | 691.27K | 388.67K | 208.16K | 161.00K |