Volato Group
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 Volato Group generated cash of -$30,394,000, which is less than the previous year. Cash used in financing activities reached the amount of $37,461,000 last year. Net change in cash is therefore $8,843,000.
Cash Flow
| 2021 | -3.60M | -11.81M | 17.03M |
|---|---|---|---|
| 2022 | -21.43M | 5.14M | 22.55M |
| 2023 | -30.39M | 1.77M | 37.46M |
SOAR Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 7.87M | 1.60M | 0 |
Operating activities | |||
Net income | -52.82M | -9.36M | -1.50M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 496K | 161K | 26.24K |
Stock-based compensation expense | 176K | 17K | 4K |
| Deferred income tax benefit | 176K | 17K | 4K |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | -1.11M | -2.22M | -422.78K |
Inventories | -5.78M | -12.98M | -2.12M |
Accounts payable | 5.66M | 2.21M | 613.35K |
Cash generated by operating activities | -30.39M | -21.43M | -3.60M |
Investing activities | |||
Purchases Of Investments | 0 | 0 | -281.52M |
Investments In Property Plant And Equipment | -637K | -259K | -14.68M |
Acquisitions Net | 2.41M | 5.40M | 2.87M |
Cash generated by investing activities | 1.77M | 5.14M | -11.81M |
Financing activities | |||
Common Stock Issued | 24.22M | 0 | 23.5K |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | 12.88M | 22.52M | -5.7M |
Cash used in financing activities | 37.46M | 22.55M | 17.03M |
Net Change In Cash | 8.84M | 6.27M | 1.60M |
Cash at end of period | 16.72M | 7.87M | 1.60M |