MMTec
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 MMTec generated cash of -$5,151,508, which is more than the previous year. Cash used in financing activities reached the amount of $89,666,750 last year. Net change in cash is therefore -$2,050,411.
Cash Flow
| 2016 | -633.91K | -445.36K | 1.82M |
|---|---|---|---|
| 2017 | -961.23K | 385.39K | 66.64K |
| 2018 | -1.87M | -66.31K | 1.84M |
| 2019 | -2.13M | -725.47K | 6.43M |
| 2020 | -1.98M | -331.94K | 37.25K |
| 2021 | -4.09M | -2.59M | 16.47M |
| 2022 | -5.59M | -3.54M | 1.75M |
| 2023 | -5.15M | -86.53M | 89.66M |
MTC Cash Flow Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 3.82M | 11.20M | 1.42M | 3.64M | 93.62K | 237.56K | 719.36K | 10.64K |
Operating activities | ||||||||
Net income | -4.30M | -5.64M | -7.05M | -3.18M | -2.24M | -2.34M | -919.19K | -661.20K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||
Depreciation and amortization | 45.78K | 66.42K | 40.13K | 54.57K | 25.83K | 27.31K | 20.96K | 14.01K |
Stock-based compensation expense | 0 | 0 | 1.02M | 1.00M | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 1.02M | 1.00M | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||
Accounts receivable, net | 108.30K | -104.02K | -148.46K | -30.36K | 59.59K | 0 | -1.16K | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -5.15M | -5.59M | -4.09M | -1.98M | -2.13M | -1.87M | -961.23K | -633.91K |
Investing activities | ||||||||
Purchases Of Investments | 0 | 0 | -350K | -873.57K | -144.95K | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -970 | -3.79K | -37.06K | -18.37K | -129.8K | -23.86K | -6.35K | -47.16K |
Acquisitions Net | -87.08M | -1M | 0 | 0 | -197.25K | -42.45K | 0 | 0 |
Cash generated by investing activities | -86.53M | -3.54M | -2.59M | -331.94K | -725.47K | -66.31K | 385.39K | -445.36K |
Financing activities | ||||||||
Common Stock Issued | 0 | 1.75M | 16.63M | 0 | 6.85M | 0 | 66.64K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 89.67M | 0 | -163.30K | -41.25K | 0 | 0 | 0 | 0 |
Cash used in financing activities | 89.66M | 1.75M | 16.47M | 37.25K | 6.43M | 1.84M | 66.64K | 1.82M |
Net Change In Cash | -2.05M | -7.38M | 9.78M | -2.21M | 3.54M | -143.93K | -481.80K | 708.72K |
Cash at end of period | 1.77M | 3.82M | 11.20M | 1.42M | 3.64M | 93.62K | 237.56K | 719.36K |
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