Quorum Information Technologies
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 Quorum Information Technologies generated cash of $4,621,409, which is more than the previous year. Cash used in financing activities reached the amount of -$2,316,291 last year. Net change in cash is therefore -$1,267,361.
Cash Flow
| 2014 | 0 | -1.10M | 179.76K |
|---|---|---|---|
| 2015 | 1.71M | -1.43M | 3.01M |
| 2016 | 0 | -1.80M | 336.88K |
| 2017 | 1.69M | -2.73M | 404.87K |
| 2018 | 867.43K | -4.39M | 438.58K |
| 2019 | 3.49M | -4.52M | 7.86M |
| 2020 | 4.55M | -3.39M | -385.60K |
| 2021 | 1.64M | -3.25M | -1.16M |
| 2022 | 3.50M | -3.69M | -1.43M |
| 2023 | 4.62M | -3.53M | -2.31M |
QIS.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 4.87M | 6.47M | 9.32M | 8.55M | 1.67M | 4.59M | 5.23M | 5.01M | 1.72M | 812.25K |
Operating activities | ||||||||||
Net income | 233.95K | -1.41M | -2.71M | -1.85M | -1.10M | -710.93K | 474.41K | 493.05K | 451.71K | 192.51K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 4.09M | 4.11M | 4.09M | 3.94M | 3.74M | 1.68M | 1.22M | 1.03M | 869.01K | 759.64K |
Stock-based compensation expense | 343.15K | 179.76K | 388.04K | 896.89K | 540.62K | 0 | 238K | 0 | 165.45K | 0 |
| Deferred income tax benefit | 343.15K | 179.76K | 388.04K | 896.89K | 540.62K | 0 | 238K | 0 | 165.45K | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -127.51K | 192.68K | -524.03K | 542.05K | -722.58K | -675.55K | -143.78K | 0 | 0 | 0 |
Inventories | 12.89K | 1.19K | 12.81K | -7.98K | -1.2K | -1.34K | 2.11K | 0 | 0 | 0 |
Accounts payable | 41.66K | -228.10K | -885.55K | 615.58K | 622.59K | -362.37K | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 4.62M | 3.50M | 1.64M | 4.55M | 3.49M | 867.43K | 1.69M | 0 | 1.71M | 0 |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -82.13K | -2.91M | -3.25M | -3.16M | -3.85M | -2.72M | -1.90M | -1.80M | -1.43M | -1.10M |
Acquisitions Net | -558.96K | -787.42K | 0 | -224.36K | -673.97K | -1.67M | -836.11K | 0 | 0 | 0 |
Cash generated by investing activities | -3.53M | -3.69M | -3.25M | -3.39M | -4.52M | -4.39M | -2.73M | -1.80M | -1.43M | -1.10M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 8.57M | 0 | 0 | 0 | 3.06M | 266.08K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -2.33M | -1.55M | -2.50M | -1.04M | 118.71K | -131.65K | 334.13K | -57.42K | -86.75K | -108.74K |
Cash used in financing activities | -2.31M | -1.43M | -1.16M | -385.60K | 7.86M | 438.58K | 404.87K | 336.88K | 3.01M | 179.76K |
Net Change In Cash | -1.26M | -1.60M | -2.84M | 772.68K | 6.87M | -2.91M | -639.95K | 220.91K | 3.29M | 911.19K |
Cash at end of period | 3.60M | 4.87M | 6.47M | 9.32M | 8.55M | 1.67M | 4.59M | 5.23M | 5.01M | 1.72M |