Shift 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 Shift Technologies generated cash of -$110,416,000, which is more than the previous year. Cash used in financing activities reached the amount of -$42,074,000 last year. Net change in cash is therefore -$86,495,000.
Cash Flow
| 2019 | -28.20M | -6.55M | 7.24M |
|---|---|---|---|
| 2020 | -85.85M | -4.87M | 281.69M |
| 2021 | -211.04M | -14.14M | 183.98M |
| 2022 | -110.41M | 65.99M | -42.07M |
SFT Cash Flow Statement (2019 – 2022)
| 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
Cash at beginning of period | 194.34M | 235.54M | 44.57M | 72.09M |
Operating activities | ||||
Net income | -172.04M | -166.26M | -59.14M | -80.48M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 22.28M | 6.25M | 4.53M | 3.22M |
Stock-based compensation expense | 13.02M | 25.13M | 2.61M | 6.20M |
| Deferred income tax benefit | 13.02M | 25.13M | 2.61M | 6.20M |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 18.15M | -11.65M | -6.58M | 2.23M |
Inventories | 88.40M | -73.65M | -30.88M | 24.87M |
Accounts payable | -4.35M | 4.35M | 8.09M | -3.18M |
Cash generated by operating activities | -110.41M | -211.04M | -85.85M | -28.20M |
Investing activities | ||||
Purchases Of Investments | -67K | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -15.03M | -14.14M | -4.87M | -6.55M |
Acquisitions Net | 80.66M | 0 | 0 | 0 |
Cash generated by investing activities | 65.99M | -14.14M | -4.87M | -6.55M |
Financing activities | ||||
Common Stock Issued | -2.86M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | -261.21M | -129.66M | 0 |
Cash used in financing activities | -42.07M | 183.98M | 281.69M | 7.24M |
Net Change In Cash | -86.49M | -41.2M | 190.96M | -27.51M |
Cash at end of period | 107.84M | 194.34M | 235.54M | 44.57M |
| Data source | Data source | Data source | Data source |