Paragon Financial Solutions
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 Paragon Financial Solutions generated cash of $7,923,832, which is more than the previous year. Cash used in financing activities reached the amount of $90,241,142 last year. Net change in cash is therefore -$43,113.
Cash Flow
| 2017 | -305.35K | -29.08M | 23.62M |
|---|---|---|---|
| 2019 | 3.14M | 1.46M | -5.25M |
| 2020 | 1.31M | -67.18M | 76.05M |
| 2021 | 4.65M | -7.32M | 52.91M |
| 2022 | 3.86M | -176.82M | 114.32M |
| 2023 | 7.92M | -98.20M | 90.24M |
PGNN Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 0 | 70.88M | 0 | 0 | 11.10M | 0 |
Operating activities | ||||||
Net income | 3.87M | 3.85M | 4.04M | 2.74M | 3.17M | 2.08M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 683.22K | 432.83K | 413.23K | 441.13K | 462.35K | 563.61K |
Stock-based compensation expense | 0 | 449.96K | 0 | 0 | 518.04K | 0 |
| Deferred income tax benefit | 0 | 449.96K | 0 | 0 | 518.04K | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 7.92M | 3.86M | 4.65M | 1.31M | 3.14M | -305.35K |
Investing activities | ||||||
Purchases Of Investments | 0 | -21.11M | -27.04M | -51.91M | -11.15M | -10.50M |
Investments In Property Plant And Equipment | -5.45M | -2.80M | -537.74K | -203.65K | -183.66K | -311.77K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -98.20M | -176.82M | -7.32M | -67.18M | 1.46M | -29.08M |
Financing activities | ||||||
Common Stock Issued | 146.32K | 51.58K | 163.75K | 161.86K | 124.03K | 23K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | -11K | -2.68M | -1.47M | 0 | 0 |
Repayments of term debt | -12.75M | 0 | -128.82K | -1.07M | 0 | 0 |
Cash used in financing activities | 90.24M | 114.32M | 52.91M | 76.05M | -5.25M | 23.62M |
Net Change In Cash | -43.11K | -58.63M | 50.24M | 10.17M | -648.27K | -5.76M |
Cash at end of period | -43.11K | 12.24M | 50.24M | 10.17M | 10.45M | -5.76M |