Venus Concept
Cash Flow
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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 Venus Concept generated cash of -$12,859,000, which is more than the previous year. Cash used in financing activities reached the amount of $6,802,000 last year. Net change in cash is therefore -$6,173,000.
Cash Flow
| 2015 | -24.11M | -456K | 8.88M |
|---|---|---|---|
| 2016 | -16.16M | -1.17M | 12.11M |
| 2017 | -19.25M | 1.62M | 29.36M |
| 2018 | -28.69M | -1.00M | 22.23M |
| 2019 | -39.59M | 6.38M | 42.20M |
| 2020 | -28.65M | -2.39M | 49.67M |
| 2021 | -19.77M | -552K | 16.81M |
| 2022 | -26.98M | -336K | 8.00M |
| 2023 | -12.85M | -116K | 6.80M |
VERO Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 11.56M | 30.87M | 34.38M | 15.74M | 6.75M | 23.64M | 12.00M | 17.12M | 32.9M |
Operating activities | |||||||||
Net income | -37.05M | -43.58M | -22.14M | -82.81M | -42.29M | -28.72M | -17.84M | -21.84M | -22.97M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||||
Depreciation and amortization | 4.11M | 4.46M | 4.85M | 4.80M | 2.04M | 813K | 574K | 654K | 860K |
Stock-based compensation expense | 1.56M | 2.10M | 2.06M | 2.13M | 2.15M | 0 | 465K | 466K | 429K |
| Deferred income tax benefit | 1.56M | 2.10M | 2.06M | 2.13M | 2.15M | 0 | 465K | 466K | 429K |
| Changes in operating assets and liabilities: | |||||||||
Accounts receivable, net | 14.89M | 9.85M | -869K | 93K | -21.09M | -4.47M | -1.38M | -987K | 3.50M |
Inventories | -324K | -5.78M | -4.26M | -1.02M | 6.43M | -2.76M | -19K | 2.89M | -3.36M |
Accounts payable | 1.00M | -385K | -1.40M | -2.97M | -5.96M | 1.80M | 246K | 709K | -1.92M |
Cash generated by operating activities | -12.85M | -26.98M | -19.77M | -28.65M | -39.59M | -28.69M | -19.25M | -16.16M | -24.11M |
Investing activities | |||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -80K |
Investments In Property Plant And Equipment | -116K | -336K | -512K | -291K | -1.12M | -1.00M | -229K | -1.17M | -456K |
Acquisitions Net | 0 | 0 | -40K | -2.10M | 7.50M | -7.50M | 0 | 2K | 0 |
Cash generated by investing activities | -116K | -336K | -552K | -2.39M | 6.38M | -1.00M | 1.62M | -1.17M | -456K |
Financing activities | |||||||||
Common Stock Issued | 7.07M | 8.65M | 16.74M | 49.16M | 355K | 15.56M | 22.11M | 12.11M | 4.28M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 3.56M | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | -543K | -738K | -43.64M | 16.42M | -13.3M | -3M | 0 | 4.60M |
Cash used in financing activities | 6.80M | 8.00M | 16.81M | 49.67M | 42.20M | 22.23M | 29.36M | 12.11M | 8.88M |
Net Change In Cash | -6.17M | -19.30M | -3.50M | 18.63M | 8.99M | -7.44M | 11.63M | -5.22M | -15.67M |
Cash at end of period | 5.39M | 11.56M | 30.87M | 34.38M | 15.74M | 16.20M | 23.64M | 11.90M | 17.22M |
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