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 generated cash of $30,154,000, which is more than the previous year. Cash used in financing activities reached the amount of -$9,695,000 last year. Net change in cash is therefore $5,804,000.
Cash Flow
| 2022 | 25.75M | -14.50M | -15.26M |
|---|---|---|---|
| 2023 | 30.15M | -14.65M | -9.69M |
TWFG Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 40.66M | 44.67M |
Operating activities | ||
Net income | 25.26M | 23.34M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 4.86M | 3.30M |
Stock-based compensation expense | 0 | 0 |
| Deferred income tax benefit | 0 | 0 |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | -4.47M | -8.38M |
Inventories | 0 | 0 |
Accounts payable | 3.11M | 4.93M |
Cash generated by operating activities | 30.15M | 25.75M |
Investing activities | ||
Purchases Of Investments | 0 | 0 |
Investments In Property Plant And Equipment | -260K | -12.27M |
Acquisitions Net | 0 | 0 |
Cash generated by investing activities | -14.65M | -14.50M |
Financing activities | ||
Common Stock Issued | 0 | 0 |
Payments for dividends | -33.40M | -20.55M |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | 38.34M | -2.55M |
Cash used in financing activities | -9.69M | -15.26M |
Net Change In Cash | 5.80M | -4.01M |
Cash at end of period | 46.46M | 40.66M |