Virgin Galactic Holdings
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 Virgin Galactic Holdings generated cash of -$448,193,000, which is less than the previous year. Cash used in financing activities reached the amount of $475,431,000 last year. Net change in cash is therefore -$89,035,000.
Cash Flow
| 2017 | -652.69K | -690M | 691.34M |
|---|---|---|---|
| 2018 | -1.14M | 0 | 912.43K |
| 2019 | -203.55M | -19.41M | 634.32M |
| 2020 | -233.15M | -17.20M | 436.59M |
| 2021 | -230.76M | -387.51M | 489.35M |
| 2022 | -380.24M | -286.16M | 459.00M |
| 2023 | -448.19M | -116.27M | 475.43M |
SPCE Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 342.62M | 550.03M | 678.95M | 492.72M | 81.36M | 696.38K | 0 |
Operating activities | |||||||
Net income | -502.33M | -500.15M | -352.89M | -273.03M | -210.93M | 10.96M | 1.33M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 13.36M | 11.09M | 11.51M | 9.78M | 6.99M | 0 | 4.54M |
Stock-based compensation expense | 44.25M | 45.70M | 61.80M | 30.32M | 2.53M | 0 | 0 |
| Deferred income tax benefit | 44.25M | 45.70M | 61.80M | 30.32M | 2.53M | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 0 | 0 | -7.93M | -106K | 819K | 0 | 138K |
Inventories | 4.75M | 5.62M | 815K | 1.37M | -3.52M | 0 | -1.19M |
Accounts payable | -2.36M | 35.15M | 7.93M | -1.43M | -1.88M | -29.62K | 230.15M |
Cash generated by operating activities | -448.19M | -380.24M | -230.76M | -233.15M | -203.55M | -1.14M | -652.69K |
Investing activities | |||||||
Purchases Of Investments | -1.00B | -704.56M | -382.88M | 0 | 0 | 0 | -690M |
Investments In Property Plant And Equipment | -44.30M | -16.48M | -4.63M | -17.20M | -19.41M | 0 | -5.59M |
Acquisitions Net | 0 | 269.67M | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -116.27M | -286.16M | -387.51M | -17.20M | -19.41M | 0 | -690M |
Financing activities | |||||||
Common Stock Issued | 484.14M | 0 | 500M | 462.78M | 76.31M | 0 | 691.22M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | -3.98M | -23.40M | -4.76M | 0 | 0 | 0 |
Repayments of term debt | -235K | 424.45M | -450K | -433K | -104K | -126.37K | 0 |
Cash used in financing activities | 475.43M | 459.00M | 489.35M | 436.59M | 634.32M | 912.43K | 691.34M |
Net Change In Cash | -89.03M | -207.40M | -128.92M | 186.23M | 411.35M | -234.22K | 696.38K |
Cash at end of period | 253.59M | 342.62M | 550.03M | 678.95M | 492.72M | 462.16K | 696.38K |
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