QualTek Services
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 QualTek Services generated cash of -$68,535,000, which is less than the previous year. Cash used in financing activities reached the amount of $70,236,000 last year. Net change in cash is therefore -$1,656,000.
Cash Flow
| 2019 | -3.00M | -79.60M | 81.95M |
|---|---|---|---|
| 2020 | 13.45M | -3.96M | -9.71M |
| 2021 | -17.94M | -43.53M | 63.37M |
| 2022 | -68.53M | -3.35M | 70.23M |
QTEKW Cash Flow Statement (2019 – 2022)
| 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
Cash at beginning of period | 2.15M | 169K | 328K | 961K |
Operating activities | ||||
Net income | -104.79M | -110.42M | -98.08M | -67.79M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 58.37M | 52.47M | 46.47M | 40.10M |
Stock-based compensation expense | 8.63M | 0 | 0 | 0 |
| Deferred income tax benefit | 8.63M | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | -51.65M | -11.63M | 52.52M | -17.89M |
Inventories | -3.62M | 514K | 2.11M | -296K |
Accounts payable | 17.59M | -22.66M | -16.50M | 14.50M |
Cash generated by operating activities | -68.53M | -17.94M | 13.45M | -3.00M |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -6.07M | -3.01M | -4.80M | -3.15M |
Acquisitions Net | 0 | -45.84M | 0 | -76.34M |
Cash generated by investing activities | -3.35M | -43.53M | -3.96M | -79.60M |
Financing activities | ||||
Common Stock Issued | 35.91M | 15.36M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | -24.14M | -14.72M | 0 |
Cash used in financing activities | 70.23M | 63.37M | -9.71M | 81.95M |
Net Change In Cash | -1.65M | 1.98M | -159K | -633K |
Cash at end of period | 495K | 2.15M | 169K | 328K |
| Data source | Data source |