Western Magnesium
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 Western Magnesium generated cash of -$6,367,567, which is less than the previous year. Cash used in financing activities reached the amount of $8,850,435 last year. Net change in cash is therefore $422,789.
Cash Flow
| 2012 | -246.94K | 25.30K | 51.51K |
|---|---|---|---|
| 2013 | -199.82K | -13.27K | 223.90K |
| 2014 | -559.81K | 244.98K | 333.87K |
| 2015 | -195.60K | -55.62K | 236.55K |
| 2016 | -316.32K | -5.84K | 362.26K |
| 2017 | -551.34K | -94.41K | 887.43K |
| 2018 | -532.95K | -19.21K | 430.19K |
| 2019 | -3.21M | -105.11K | 3.16M |
| 2020 | -3.19M | 3.92K | 3.19M |
| 2021 | -6.36M | -2.06M | 8.85M |
MLYF Cash Flow Statement (2012 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 39.57K | 33.23K | 182.12K | 290.36K | 55.26K | 12.75K | 27.76K | 13.37K | 3.48K | 173.78K |
Operating activities | ||||||||||
Net income | -23.54M | -4.72M | -5.01M | -907.26K | -691.09K | -389.80K | -993.79K | -1.98M | -1.36M | -1.03M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 229.90K | 87.57K | 7.79K | 1.98K | 331 | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 11.05M | 666.25K | 1.18M | 0 | 152.61K | 28.42K | 0 | 790.57K | 35.58K | 0 |
| Deferred income tax benefit | 11.05M | 666.25K | 1.18M | 0 | 152.61K | 28.42K | 0 | 790.57K | 35.58K | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -144.28K | 15.25K | -12.93K | -2.57K | 15.04K | -12.99K | 0 | 0 | 0 | 50.45K |
Inventories | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 719.90K | 556.21K | 650.65K | 2.72K | -116.65K | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -6.36M | -3.19M | -3.21M | -532.95K | -551.34K | -316.32K | -195.60K | -559.81K | -199.82K | -246.94K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -2.05M | -33.60K | -105.11K | -19.21K | -94.41K | -14.74K | -55.62K | -91.61K | -25.20K | -71.95K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -2.06M | 3.92K | -105.11K | -19.21K | -94.41K | -5.84K | -55.62K | 244.98K | -13.27K | 25.30K |
Financing activities | ||||||||||
Common Stock Issued | 7.53M | 3.20M | 3.06M | 430.19K | 554.20K | 61.12K | 235.56K | 0 | 223.90K | 27.50K |
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 | -267.32K | -127.19K | 100.24K | 0 | 333.22K | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 8.85M | 3.19M | 3.16M | 430.19K | 887.43K | 362.26K | 236.55K | 333.87K | 223.90K | 51.51K |
Net Change In Cash | 422.78K | 6.32K | -148.49K | -107.58K | 241.68K | 40.09K | -14.67K | 19.04K | 10.79K | -170.12K |
Cash at end of period | 462.36K | 39.55K | 33.63K | 182.78K | 296.95K | 52.85K | 13.08K | 32.41K | 14.28K | 3.65K |
| Data source |