Progressive Planet 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 Progressive Planet Solutions generated cash of $2,572,048, which is more than the previous year. Cash used in financing activities reached the amount of -$1,003,841 last year. Net change in cash is therefore $981,253.
Cash Flow
| 2013 | -296.07K | -157.19K | 450.41K |
|---|---|---|---|
| 2016 | -2.29K | -271.41K | 274.23K |
| 2018 | -690.71K | -389.72K | 1.26M |
| 2020 | -600.20K | -53.15K | 502.22K |
| 2021 | -899.47K | -887.80K | 3.02M |
| 2023 | 1.60M | -1.64M | -1.02M |
| 2024 | 2.57M | -586.95K | -1.00M |
PLAN.V Cash Flow Statement (2013 – 2023)
| 2023 | 2022 | 2020 | 2019 | 2017 | 2015 | 2013 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 704.55K | 1.77M | 101.26K | 252.39K | 271.69K | 317 | 3.38K |
Operating activities | |||||||
Net income | -392.83K | -1.16M | -2.39M | -1.71M | -1.14M | -612.05K | -2.95M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 912.20K | 879.38K | 151.72K | 50.70K | 2.22K | 3.39K | 3.41K |
Stock-based compensation expense | 435.14K | 288.32K | 1.60M | 37.3K | 309.3K | 122.6K | 40K |
| Deferred income tax benefit | 435.14K | 288.32K | 1.60M | 37.3K | 309.3K | 122.6K | 40K |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 334.26K | 394.35K | -29.43K | -30.33K | 22.57K | -2.98K | 0 |
Inventories | 525.56K | 213.16K | -63.21K | -88.09K | 0 | 0 | 0 |
Accounts payable | -330.28K | 385.30K | 63.21K | 88.09K | 0 | 0 | 0 |
Cash generated by operating activities | 2.57M | 1.60M | -899.47K | -600.20K | -690.71K | -2.29K | -296.07K |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -836.20K | -1.77M | -1.00M | -232.97K | -389.72K | -282.11K | -159.29K |
Acquisitions Net | 0 | 130K | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -586.95K | -1.64M | -887.80K | -53.15K | -389.72K | -271.41K | -157.19K |
Financing activities | |||||||
Common Stock Issued | 0 | 1.25M | 2.74M | 309.95K | 1.14M | 244.00K | 477.95K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -1.00M | -4.15M | -281.46K | 23K | 0 | 31K | -100K |
Cash used in financing activities | -1.00M | -1.02M | 3.02M | 502.22K | 1.26M | 274.23K | 450.41K |
Net Change In Cash | 981.25K | -1.06M | 1.23M | -151.13K | 185.71K | 526 | -2.85K |
Cash at end of period | 1.68M | 704.55K | 1.33M | 101.26K | 457.41K | 843 | 527 |