MingZhu Logistics Holdings Limited
Cash Flow Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-6.2M | $-9.6M | $1.9M | $-938.4K | $782.3K | $1.6M | $2.9M |
| Depreciation & Amortization | — | — | — | — | — | — | — |
| Depreciation | $804.9K | $878.6K | $2.2M | $1.4M | $1.5M | $1.4M | $1.4M |
| Amortization | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $-2.6M | $-10.1M | $-4.0M | $-23.8M | $-890.2K | $1.1M | $3.8M |
| Investing Activities | |||||||
| Capital Expenditures | $104.0K | — | $12.2K | $199.5K | $156.0K | $917.3K | $108.6K |
| Business Acquisitions | — | — | — | $22.0M | — | — | — |
| Net Cash from Investing Activities | $-580.4K | $90.0K | $2.7M | $1.3M | $-156.0K | $-917.3K | $-16.5K |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $491.1K | $8.6M | $793.3K | $16.7M | $12.3M | $-788.8K | $-3.3M |
| Net Change in Cash | $-3.0M | $-1.7M | $-64.8K | $-5.9M | $11.4M | $-584.8K | $455.6K |
| Free Cash Flow | $-2.7M | — | $-4.0M | $-24.0M | $-1.0M | $200.1K | $3.7M |