Surf Air Mobility
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 Surf Air Mobility generated cash of -$64,370,999, which is less than the previous year. Cash used in financing activities reached the amount of $72,990,000 last year. Net change in cash is therefore $1,519,000.
Cash Flow
| 2020 | -8.73M | 302K | 14.18M |
|---|---|---|---|
| 2021 | -23.93M | -261K | 18.25M |
| 2022 | -28.03M | -298K | 27.67M |
| 2023 | -64.37M | -7.1M | 72.99M |
SRFM Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 912K | 1.57M | 7.51M | 1.76M |
Operating activities | ||||
Net income | -250.69M | -74.36M | -35.78M | -23.43M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 3.76M | 1.02M | 1.05M | 2.82M |
Stock-based compensation expense | 48.25M | 12.45M | 3.19M | 6.18M |
| Deferred income tax benefit | 48.25M | 12.45M | 3.19M | 6.18M |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | -262K | -146K | 287K | 143K |
Inventories | 0 | 5.9M | 2.92M | 2.18M |
Accounts payable | 2.65M | 1.33M | 2.95M | 2.82M |
Cash generated by operating activities | -64.37M | -28.03M | -23.93M | -8.73M |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -7.58M | -298K | -261K | -297K |
Acquisitions Net | 678K | 0 | 0 | 599K |
Cash generated by investing activities | -7.1M | -298K | -261K | 302K |
Financing activities | ||||
Common Stock Issued | 28.17M | 65K | 1K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | -1.27M | 0 | 0 | 0 |
Repayments of term debt | 32.56M | 26.20M | -18.25M | -200K |
Cash used in financing activities | 72.99M | 27.67M | 18.25M | 14.18M |
Net Change In Cash | 1.51M | -662K | -5.93M | 5.74M |
Cash at end of period | 2.43M | 912K | 1.57M | 7.51M |
| Data source |