Portage Fintech Acquisition
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 Portage Fintech Acquisition generated cash of -$2,165,762, which is less than the previous year. Cash used in financing activities reached the amount of -$227,219,437 last year. Net change in cash is therefore -$265,762.
Cash Flow
| 2021 | -2.19M | -259.11M | 262.47M |
|---|---|---|---|
| 2022 | -801.36K | 0 | 0 |
| 2023 | -2.16M | 229.11M | -227.21M |
PFTA Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 368.68K | 1.17M | 0 |
Operating activities | |||
Net income | 7.14M | 8.55M | 7.93M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 |
Cash generated by operating activities | -2.16M | -801.36K | -2.19M |
Investing activities | |||
Purchases Of Investments | 0 | 0 | -259.11M |
Investments In Property Plant And Equipment | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | 229.11M | 0 | -259.11M |
Financing activities | |||
Common Stock Issued | 0 | 0 | 263.11M |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | -229.11M | 0 | 0 |
Repayments of term debt | 1.9M | 0 | -635.13K |
Cash used in financing activities | -227.21M | 0 | 262.47M |
Net Change In Cash | -265.76K | -801.36K | 1.17M |
Cash at end of period | 102.92K | 368.68K | 1.17M |
| Data source | Data source | Data source |