Ideanomics Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	-223.83	-260.66	-256.01	-101.08	-97.68
Depreciation & Amortization	17.75	5.78	6.12	5.31	2.23
Loss (Gain) From Sale of Assets	1.15	0.07	1.32	-0.28	0.95
Asset Writedown & Restructuring Costs	143.38	25.31	152.19	51.08	9.52
Loss (Gain) From Sale of Investments	6.92	4.41	28.97	17.02	19.92
Stock-Based Compensation	11.32	12.25	23.41	11.97	9.11
Provision & Write-off of Bad Debts	1.43	0.61	0.36	2.86	-
Other Operating Activities	-27.17	108.44	-22.29	-17.08	36.07
Change in Accounts Receivable	-0.61	-0.05	5.94	-6.21	-2.28
Change in Inventory	9.3	-15.95	-4.42	-	-
Change in Accounts Payable	15.39	17.68	-1.58	2.21	2.86
Change in Unearned Revenue	0.25	-0.08	2.19	0.65	0.17
Change in Other Net Operating Assets	7.13	-8.64	-11.74	-7.92	5.34
Operating Cash Flow	-52.66	-129.99	-75.53	-41.47	-13.78
Capital Expenditures	-	-6.22	-2.81	-0.19	-1.82
Sale of Property, Plant & Equipment	-	0.03	-	-	-
Cash Acquisitions	0.83	-54.89	-100.86	-	-0.62
Divestitures	-	-0.42	2.5	-	0.65
Sale (Purchase) of Intangibles	-	-0.56	-3.71	-	-
Investment in Securities	2.34	-27.81	-114.99	-2.85	-
Other Investing Activities	-1.35	-5.26	-0.69	-	-
Investing Cash Flow	1.82	-94.72	-220.09	-3.5	-1.79
Short-Term Debt Issued	2	2	-	-	3.16
Long-Term Debt Issued	22.41	10.45	295	27	9.13
Total Debt Issued	24.41	12.45	295	27	12.29
Short-Term Debt Repaid	-2	-	-	-5.54	-
Long-Term Debt Repaid	-8.55	-45	-80	-12	-
Total Debt Repaid	-10.55	-45	-80	-17.54	-
Net Debt Issued (Repaid)	13.86	-32.55	215	9.46	12.29
Issuance of Common Stock	4.03	0.59	196.84	191.44	2.82
Repurchase of Common Stock	-	-0.08	-3.88	-	-
Other Financing Activities	4.2	1.02	-8.66	7.15	-
Financing Cash Flow	31.93	-21.02	399.3	208.05	15.11
Foreign Exchange Rate Adjustments	-0.6	-2.2	0.42	0.05	-0.01
Net Cash Flow	-19.5	-247.93	104.1	163.13	-0.47
Free Cash Flow	-52.66	-136.21	-78.34	-41.66	-15.6
Free Cash Flow Margin	-340.62%	-716.33%	-68.67%	-155.68%	-35.00%
Free Cash Flow Per Share	-5.28	-33.21	-21.87	-24.39	-16.28
Cash Interest Paid	0.49	1.58	1.52	3	0.07
Cash Income Tax Paid	-	0.19	1.41	-	-
Levered Free Cash Flow	73.21	-55.52	-95.56	-48.53	52.12
Unlevered Free Cash Flow	75.91	-53.7	-94.22	-38.48	55.68
Change in Working Capital	31.46	-7.04	-9.6	-11.28	6.1

Updated Jun 18, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.