New Found Gold Corp.
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 New Found Gold Corp. generated cash of -$99,274,312, which is less than the previous year. Cash used in financing activities reached the amount of $75,429,765 last year. Net change in cash is therefore -$28,280,464.
Cash Flow
| 2019 | -2.64M | -26.58K | 9.68M |
|---|---|---|---|
| 2020 | -13.21M | -1.58M | 55.20M |
| 2021 | -48.51M | -17.07M | 118.33M |
| 2022 | -74.38M | -737.87K | 56.79M |
| 2023 | -99.27M | -4.43M | 75.42M |
NFG.V Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 82.16M | 100.48M | 47.73M | 7.33M | 323.17K |
Operating activities | |||||
Net income | -79.89M | -89.98M | -50.64M | -32.53M | -4.02M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 940.20K | 880.39K | 582.93K | 129.95K | 12.49K |
Stock-based compensation expense | 1.41K | 8.48M | 7.61M | 26.45M | 2.13M |
| Deferred income tax benefit | 1.41K | 8.48M | 7.61M | 26.45M | 2.13M |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 0 | -1.33M | 2.83K | 43.24K | 118.76K |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -99.27M | -74.38M | -48.51M | -13.21M | -2.64M |
Investing activities | |||||
Purchases Of Investments | -2.63M | -12.16K | -12.85M | 0 | 0 |
Investments In Property Plant And Equipment | -1.78M | -5.56M | -5.42M | -1.54M | -307.37K |
Acquisitions Net | 0 | 12.16K | 0 | 0 | 0 |
Cash generated by investing activities | -4.43M | -737.87K | -17.07M | -1.58M | -26.58K |
Financing activities | |||||
Common Stock Issued | 78.98M | 52.54M | 120.50M | 38.51M | 9.25M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -171.07K | -121.77K | -93.98K | -32.33K | 0 |
Cash used in financing activities | 75.42M | 56.79M | 118.33M | 55.20M | 9.68M |
Net Change In Cash | -28.28M | -18.31M | 52.75M | 40.39M | 7.01M |
Cash at end of period | 53.88M | 82.16M | 100.48M | 47.73M | 7.33M |