GD CULTURE GROUP LIMITED
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-186.9M | $-13.8M | $-12.5M | $-30.8M | $-27.0M | $2.5M | $-16.8M | $1.4M |
| Depreciation & Amortization | — | — | $1.7K | $718 | $59.1K | $19.9K | $8.3K | $1.6K |
| Depreciation | $4.3K | $4.7K | $1.7K | $718 | $59.1K | $19.9K | $93.1K | $377.1K |
| Amortization | $1.1M | $692.8K | $345.2K | — | $1.2M | $141 | $20.9K | $294.6K |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $-6.8M | $-5.7M | $-13.2M | $-886.2K | $-5.5M | $-2.1K | $759.5K | $-2.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | $14.2K | — | $308.8K | $72.8K | — | $3.5K |
| Business Acquisitions | — | — | — | $12.7M | $961.7K | $470.6K | — | $6.2M |
| Net Cash from Investing Activities | — | $-650.0K | $-5.2M | $-12.5M | $-1.3M | $-4.5M | — | $2.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $7.3M | $1.2M | $23.1M | — | $22.8M | $3.1M | $2.5M | $-52.2K |
| Net Change in Cash | $433.5K | $-5.2M | $4.8M | $-14.2M | $13.6M | $-1.5M | $3.3M | $264.9K |
| Free Cash Flow | — | — | $-13.3M | — | $-5.8M | $-74.9K | — | $-2.0M |