Trio Petroleum Corp.
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 Trio Petroleum Corp. generated cash of -$4,036,834, which is less than the previous year. Cash used in financing activities reached the amount of $8,065,289 last year. Net change in cash is therefore $1,488,276.
Cash Flow
| 2022 | -502.14K | 0 | 496.91K |
|---|---|---|---|
| 2023 | -4.03M | -2.18M | 8.06M |
TPET Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 73.64K | 78.87K |
Operating activities | ||
Net income | -6.54M | -3.80M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 0 | 80K |
Stock-based compensation expense | 1.04M | 6.20K |
| Deferred income tax benefit | 1.04M | 6.20K |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | 0 | 0 |
Inventories | 0 | 0 |
Accounts payable | 0 | 0 |
Cash generated by operating activities | -4.03M | -502.14K |
Investing activities | ||
Purchases Of Investments | 0 | 0 |
Investments In Property Plant And Equipment | -362.02K | 0 |
Acquisitions Net | 0 | 0 |
Cash generated by investing activities | -2.18M | 0 |
Financing activities | ||
Common Stock Issued | 6.73M | 60.54K |
Payments for dividends | 0 | 0 |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | -1.47M | 1.9M |
Cash used in financing activities | 8.06M | 496.91K |
Net Change In Cash | 1.48M | -5.22K |
Cash at end of period | 1.56M | 73.64K |
| Data source |