Reconnaissance Energy Africa Ltd.
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 Reconnaissance Energy Africa Ltd. generated cash of -$14,538,497, which is more than the previous year. Cash used in financing activities reached the amount of $8,573,693 last year. Net change in cash is therefore -$36,738,057.
Cash Flow
| 2016 | -86.50K | 0 | 0 |
|---|---|---|---|
| 2018 | -122.04K | 0 | 167K |
| 2019 | -2.10M | -39.54K | 4.69M |
| 2020 | -5.40M | -16.84M | 26.50M |
| 2021 | -11.70M | -21.32M | 87.39M |
| 2023 | -27.86M | -92.77M | 47.25M |
| 2024 | -14.53M | -17.38M | 8.57M |
RECO.V Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 38.81M | 61.15M | 6.79M | 2.54M | 203.64K | 158.68K | 188.94K |
Operating activities | |||||||
Net income | 41.11M | -36.53M | -263.40M | -7.47M | -3.12M | -171.34K | -125.24K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 67.39K | 11.53K | 34.38K | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 5.86M | 0 | 17.87M | 1.46M | 343.69K | 0 | 0 |
| Deferred income tax benefit | 5.86M | 0 | 17.87M | 1.46M | 343.69K | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | -849.39K | -3.19M | -5.78M | -43.59K | -31.45K | -1.03K | 2.05K |
Inventories | 0 | 0 | 5.78M | 43.59K | 31.45K | 0 | 0 |
Accounts payable | 1.49M | -654.11K | 9.09M | 563.44K | -556K | 0 | 0 |
Cash generated by operating activities | -14.53M | -27.86M | -11.70M | -5.40M | -2.10M | -122.04K | -86.50K |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -17.10M | -51.30M | -35.63M | -16.84M | -69.19K | 0 | 0 |
Acquisitions Net | 0 | 0 | 14.24M | 0 | 29.65K | 0 | 0 |
Cash generated by investing activities | -17.38M | -92.77M | -21.32M | -16.84M | -39.54K | 0 | 0 |
Financing activities | |||||||
Common Stock Issued | 9.47M | 47.25M | 90.34M | 26.77M | 4.97M | 167K | 0 |
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 | 0 | 0 | 0 | -264.41K | -127.91K | 0 | 0 |
Cash used in financing activities | 8.57M | 47.25M | 87.39M | 26.50M | 4.69M | 167K | 0 |
Net Change In Cash | -36.73M | -5.19M | 54.36M | 4.24M | 2.34M | 44.95K | -86.50K |
Cash at end of period | 2.07M | 55.96M | 61.15M | 6.79M | 2.54M | 203.64K | 102.43K |