SolarBank
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 SolarBank generated cash of $8,484,998, which is more than the previous year. Cash used in financing activities reached the amount of $727,865 last year. Net change in cash is therefore $4,520,978.
Cash Flow
| 2022 | 171.21K | -10.97K | -679.27K |
|---|---|---|---|
| 2023 | 1.65M | -1.34M | -305.03K |
| 2024 | 8.48M | -4.66M | 727.86K |
SUUN Cash Flow Statement (2022 – 2024)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
Cash at beginning of period | 749.42K | 931.97K | 1.40M |
Operating activities | |||
Net income | -3.57M | 1.69M | -188.39K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 409.95K | 37.12K | 25.78K |
Stock-based compensation expense | 860.37K | 2.94M | 0 |
| Deferred income tax benefit | 860.37K | 2.94M | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 2.85M | -1.88M | 4.06M |
Inventories | -5.64M | -199.29K | 455.99K |
Accounts payable | -234.00K | 1.85M | -542.06K |
Cash generated by operating activities | 8.48M | 1.65M | 171.21K |
Investing activities | |||
Purchases Of Investments | -4.96M | 0 | 0 |
Investments In Property Plant And Equipment | -42.90K | -1.56M | -10.97K |
Acquisitions Net | -94.35K | 216.66K | 0 |
Cash generated by investing activities | -4.66M | -1.34M | -10.97K |
Financing activities | |||
Common Stock Issued | 104.15K | 5.61M | 0 |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | 623.70K | 789.22K | -679.27K |
Cash used in financing activities | 727.86K | -305.03K | -679.27K |
Net Change In Cash | 4.52M | -366.61K | -468.09K |
Cash at end of period | 5.27M | 565.36K | 931.97K |
| Data source |