Prestige Wealth
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 Prestige Wealth generated cash of -$996,581, which is less than the previous year. Cash used in financing activities reached the amount of $3,917,462 last year. Net change in cash is therefore $564,529.
Cash Flow
| 2020 | 2.38M | -2.20M | -205.33K |
|---|---|---|---|
| 2021 | 1.30M | 551.37K | -1.31M |
| 2022 | 1.16M | -1.35M | -471.75K |
| 2023 | -996.58K | -2.33M | 3.91M |
PWM Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 66.77K | 750.22K | 213.41K | 238.00K |
Operating activities | ||||
Net income | -1.03M | 1.35M | 1.91M | 1.73M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 63.93K | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 469 | -256.19K | -37.20K | 700.67K |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -996.58K | 1.16M | 1.30M | 2.38M |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 3 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -2.33M | -1.35M | 551.37K | -2.20M |
Financing activities | ||||
Common Stock Issued | 5.75M | 69K | 222.00K | -26.41K |
Payments for dividends | 0 | 0 | -1.13M | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 |
Cash used in financing activities | 3.91M | -471.75K | -1.31M | -205.33K |
Net Change In Cash | 564.52K | -683.44K | 536.80K | -24.59K |
Cash at end of period | 631.30K | 66.77K | 750.22K | 213.41K |
| Data source |