Phoenix Motor
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 Phoenix Motor generated cash of -$3,652,000, which is more than the previous year. Cash used in financing activities reached the amount of $6,639,000 last year. Net change in cash is therefore $2,894,000.
Cash Flow
| 2019 | -3.33M | -2.83M | 6.01M |
|---|---|---|---|
| 2020 | -1.42M | -636K | 17.72M |
| 2021 | -12.93M | -638K | 561K |
| 2022 | -14.86M | -1.01M | 13.58M |
| 2023 | -3.65M | -93K | 6.63M |
PEV Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 389K | 2.68M | 15.69M | 29K | 0 |
Operating activities | |||||
Net income | -20.64M | -12.70M | -14.61M | -4.66M | -5.97M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 2.00M | 2.34M | 1.68M | 1.20M | 582K |
Stock-based compensation expense | 38K | 1.04M | 52K | 0 | 0 |
| Deferred income tax benefit | 38K | 1.04M | 52K | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 1.15M | -477K | -144K | 538K | -1.33M |
Inventories | 1.74M | -2.52M | -1.36M | 1.73M | -1.56M |
Accounts payable | 2.33M | -427K | 430K | 209K | 954K |
Cash generated by operating activities | -3.65M | -14.86M | -12.93M | -1.42M | -3.33M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -93K | -1.28M | -638K | -636K | -2.86M |
Acquisitions Net | 0 | 273K | 0 | 0 | 26K |
Cash generated by investing activities | -93K | -1.01M | -638K | -636K | -2.83M |
Financing activities | |||||
Common Stock Issued | 1.91M | 13.43M | 0 | 0 | 4.81M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 4.72M | -30K | -25K | -729K | 1.19M |
Cash used in financing activities | 6.63M | 13.58M | 561K | 17.72M | 6.01M |
Net Change In Cash | 2.89M | -2.29M | -13.01M | 15.67M | 29K |
Cash at end of period | 3.28M | 389K | 2.68M | 15.69M | 29K |
| Data source | Data source |