ExcelFin Acquisition 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 ExcelFin Acquisition Corp. generated cash of -$2,854,046, which is less than the previous year. Cash used in financing activities reached the amount of -$216,129,921 last year. Net change in cash is therefore -$306,213.
Cash Flow
| 2021 | -1.27M | -234.6M | 236.77M |
|---|---|---|---|
| 2022 | -707.73K | 162.65K | 0 |
| 2023 | -2.85M | 218.67M | -216.12M |
XFIN Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 351.43K | 896.51K | 0 |
Operating activities | |||
Net income | -3.28M | 623.11K | -696.97K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 5.56M | 258.04K | 0 |
Cash generated by operating activities | -2.85M | -707.73K | -1.27M |
Investing activities | |||
Purchases Of Investments | -132.09K | 0 | -234.6M |
Investments In Property Plant And Equipment | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | 218.67M | 162.65K | -234.6M |
Financing activities | |||
Common Stock Issued | 131.97K | 0 | 236.77M |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | -217.02M | 0 | 0 |
Repayments of term debt | 996.65K | 0 | 0 |
Cash used in financing activities | -216.12M | 0 | 236.77M |
Net Change In Cash | -306.21K | -545.08K | 896.51K |
Cash at end of period | 45.21K | 351.43K | 896.51K |
| Data source | Data source | Data source |