Southport 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 Southport Acquisition generated cash of $5,542,225, which is more than the previous year. Cash used in financing activities reached the amount of -$196,894,657 last year. Net change in cash is therefore $2,120,695.
Cash Flow
| 2021 | 794.34K | -234.6M | 235.75M |
|---|---|---|---|
| 2022 | 396.48K | -2.62M | 328.13K |
| 2023 | 5.54M | 193.47M | -196.89M |
PORT Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 50.85K | 1.95M | 0 |
Operating activities | |||
Net income | 2.72M | 18.13M | 2.32M |
| 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 | 1.57M | 551.04K | 0 |
Cash generated by operating activities | 5.54M | 396.48K | 794.34K |
Investing activities | |||
Purchases Of Investments | 0 | -237.78M | -234.6M |
Investments In Property Plant And Equipment | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | 193.47M | -2.62M | -234.6M |
Financing activities | |||
Common Stock Issued | 800K | 0 | 237.12M |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | -197.69M | 0 | 0 |
Repayments of term debt | 0 | 0 | -83.58K |
Cash used in financing activities | -196.89M | 328.13K | 235.75M |
Net Change In Cash | 2.12M | -1.89M | 1.95M |
Cash at end of period | 2.17M | 50.85K | 1.95M |
| Data source | Data source | Data source |