REE Automotive 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 REE Automotive Ltd. generated cash of -$89,273,000, which is more than the previous year. Cash used in financing activities reached the amount of $23,971,000 last year. Net change in cash is therefore -$15,685,000.
Cash Flow
| 2019 | -6.82M | -162K | 21.07M |
|---|---|---|---|
| 2020 | -13.06M | -2.26M | 33.11M |
| 2021 | -59.13M | -748K | 291.29M |
| 2022 | -112.58M | -106.83M | 2.43M |
| 2023 | -89.27M | 49.61M | 23.97M |
REE Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 56.92M | 276.91M | 45.50M | 27.71M | 13.62M |
Operating activities | |||||
Net income | -114.20M | -107.42M | -505.33M | -67.71M | -12.19M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 5.80M | 4.90M | 484K | 166K | 82K |
Stock-based compensation expense | 16.27M | 26.89M | 448.07M | 52.76M | 7.04M |
| Deferred income tax benefit | 16.27M | 26.89M | 448.07M | 52.76M | 7.04M |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -455K | 0 | 55K | -20K | 21K |
Inventories | -463K | 0 | 271K | 107K | -111K |
Accounts payable | -901K | -1.10M | 3.78M | 368K | 332K |
Cash generated by operating activities | -89.27M | -112.58M | -59.13M | -13.06M | -6.82M |
Investing activities | |||||
Purchases Of Investments | -94.36M | -139.89M | 0 | -1.66M | 0 |
Investments In Property Plant And Equipment | -3.74M | -11.05M | -2.41M | -595K | -162K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 49.61M | -106.83M | -748K | -2.26M | -162K |
Financing activities | |||||
Common Stock Issued | 467K | 2.43M | 3.71M | 203.25M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 15.56M | 0 | 0 | -107.31K | 2M |
Cash used in financing activities | 23.97M | 2.43M | 291.29M | 33.11M | 21.07M |
Net Change In Cash | -15.68M | -216.99M | 231.40M | 17.79M | 14.08M |
Cash at end of period | 41.23M | 59.92M | 276.91M | 45.50M | 27.71M |
| Data source | Data source | Data source |