Vicinity Motor 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 Vicinity Motor Corp. generated cash of -$25,097,436, which is less than the previous year. Cash used in financing activities reached the amount of $20,339,535 last year. Net change in cash is therefore $356,702.
Cash Flow
| 2014 | -3.73M | 125.74K | 3.89M |
|---|---|---|---|
| 2015 | -2.60M | -12.92K | 2.93M |
| 2016 | -5.69M | 0 | 5.40M |
| 2017 | -14.49M | -401.46K | 16.59M |
| 2018 | 2.15M | -431.18K | -3.01M |
| 2019 | -2.89M | -133.96K | 1.57M |
| 2020 | -6.00M | -899.49K | 7.33M |
| 2021 | 3.59M | -23.12M | 22.94M |
| 2022 | -9.08M | -10.69M | 17.36M |
| 2023 | -25.09M | -1.97M | 20.33M |
VMC.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.65M | 4.40M | 1.00M | 593.65K | 2.09M | 3.10M | 1.76M | 533.09K | 207.78K | -30.22K |
Operating activities | ||||||||||
Net income | -12.52M | -17.94M | -7.32M | -3.45M | -3.81M | 696.71K | -331.36K | -3.02M | -3.37M | -3.79M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.44M | 2.96M | 1.24M | 774.02K | 776.04K | 538.15K | 274.61K | 27.96K | 36.33K | 59.05K |
Stock-based compensation expense | 699.46K | 1.38M | 1.35M | 738K | 490.14K | 0 | 291.56K | 134.42K | 321.79K | 756.69K |
| Deferred income tax benefit | 699.46K | 1.38M | 1.35M | 738K | 490.14K | 0 | 291.56K | 134.42K | 321.79K | 756.69K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -3.05M | -303.33K | 590.50K | 4.98M | 4.49M | -30.21K | -12.17M | 520.97K | 134.54K | 0 |
Inventories | -12.95M | -1.21M | 14.07M | -10.35M | -2.50M | 1.04M | -14.41M | -3.30M | 906.15K | -2.87M |
Accounts payable | 4.41M | -2.11M | -3.41M | 4.99M | -1.39M | -3.76M | 11.82M | -2.07M | -1.68M | 0 |
Cash generated by operating activities | -25.09M | -9.08M | 3.59M | -6.00M | -2.89M | 2.15M | -14.49M | -5.69M | -2.60M | -3.73M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.89M | -11.76M | -24.13M | -1.11M | -363.26K | -431.18K | -401.46K | 0 | -12.92K | -53.01K |
Acquisitions Net | 16.25K | 328.06K | 913.97K | 274K | 304.08K | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -1.97M | -10.69M | -23.12M | -899.49K | -133.96K | -431.18K | -401.46K | 0 | -12.92K | 125.74K |
Financing activities | ||||||||||
Common Stock Issued | 652.78K | 18.52M | 24.08M | 7.09M | 95.69K | 1.10M | 13.19M | 1.34M | 2.27M | 5.91M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 35.35M | 212K | -6.88M | -1.04M | 1.47M | -4.30M | 5.28M | -23.16K | 982.21K | -928.36K |
Cash used in financing activities | 20.33M | 17.36M | 22.94M | 7.33M | 1.57M | -3.01M | 16.59M | 5.40M | 2.93M | 3.89M |
Net Change In Cash | 356.70K | -2.78M | 3.39M | 412.49K | -1.51M | -1.09M | 1.59M | -291.36K | 319.22K | 283.27K |
Cash at end of period | 2.01M | 1.62M | 4.40M | 1.00M | 579.71K | 2.00M | 3.35M | 241.73K | 527.00K | 253.04K |