Volatus Aerospace 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 Volatus Aerospace Corp. generated cash of -$1,820,795, which is more than the previous year. Cash used in financing activities reached the amount of $1,852,552 last year. Net change in cash is therefore -$2,002,179.
Cash Flow
| 2015 | 545.21K | 0 | 0 |
|---|---|---|---|
| 2017 | 507.85K | 0 | 0 |
| 2019 | 944.65K | 0 | 214.98K |
| 2020 | -96.98K | 72.02K | 214.93K |
| 2021 | -1.57M | -1.56M | 11.75M |
| 2022 | -7.11M | -374.30K | 2.36M |
| 2023 | -1.82M | -2.03M | 1.85M |
VOL.V Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 3.68M | 8.80M | 189.97K | 1.88M | 944.67K | 686.91K | 403.79K |
Operating activities | |||||||
Net income | -9.46M | -6.97M | -3.67M | 435.64K | -65.83K | 538.61K | 579.91K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 4.03M | 1.36M | 401.43K | 190.47K | 4.87K | 8.22K | 29.23K |
Stock-based compensation expense | 723.80K | 1.24M | 459.15K | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 723.80K | 1.24M | 459.15K | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 556.35K | -918.41K | 185.64K | 1.18M | 385.07K | -363.12K | -306.32K |
Inventories | 778.39K | -541.25K | -226.64K | -1.41M | 0 | 0 | 0 |
Accounts payable | 835.63K | -646.98K | 901.76K | 308.57K | 441.22K | 99.96K | 169.38K |
Cash generated by operating activities | -1.82M | -7.11M | -1.57M | -96.98K | 944.65K | 507.85K | 545.21K |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.73M | -73.21K | -277.80K | -2.07K | 0 | 0 | 0 |
Acquisitions Net | -299K | -943.54K | -1.28M | 74.09K | 0 | 0 | 0 |
Cash generated by investing activities | -2.03M | -374.30K | -1.56M | 72.02K | 0 | 0 | 0 |
Financing activities | |||||||
Common Stock Issued | 0 | 3.74M | 7.99M | 214.93K | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -870 | -351.68K | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 1.68M | -510.59K | -205.06K | -2.36M | 214.98K | 0 | 0 |
Cash used in financing activities | 1.85M | 2.36M | 11.75M | 214.93K | 214.98K | 0 | 0 |
Net Change In Cash | -2.00M | -5.12M | 8.61M | -1.69M | -729.69K | 507.85K | 545.21K |
Cash at end of period | 1.68M | 3.68M | 8.80M | 189.97K | 214.98K | 1.19M | 949.00K |