Massimo Group (MAMO)

Massimo Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	13.79	10.42	4.16	4.72
Depreciation & Amortization	1.38	1.17	0.88	0.74
Loss (Gain) From Sale of Assets	-0.05	-0.02	-	-
Provision & Write-off of Bad Debts	1	0.8	-0.09	-0.08
Other Operating Activities	0.77	0.31	0	0
Change in Accounts Receivable	-2.63	-3.54	1.09	-3.36
Change in Inventory	-8.51	-1.09	-2.08	-0.38
Change in Accounts Payable	-3	1.36	-1.15	-2.28
Change in Unearned Revenue	0.11	1.14	-0.64	0.3
Change in Income Taxes	4	2.12	-	-
Change in Other Net Operating Assets	-6.02	-1.76	-1.56	-0.96
Operating Cash Flow	1.06	10.91	0.62	-1.3
Operating Cash Flow Growth	71.40%	1656.43%	-	-
Capital Expenditures	-0.45	-0.13	-0.2	-0.24
Sale of Property, Plant & Equipment	0.18	0.01	-	-
Investing Cash Flow	-0.28	-0.12	-0.2	-0.24
Short-Term Debt Issued	-	3.45	5.1	5
Total Debt Issued	6.12	3.45	5.1	5
Short-Term Debt Repaid	-	-14.16	-6	-2.43
Long-Term Debt Repaid	-	-0.05	-0.04	-0.06
Total Debt Repaid	-11.78	-14.2	-6.04	-2.48
Net Debt Issued (Repaid)	-5.66	-10.75	-0.94	2.52
Issuance of Common Stock	6.04	0.6	0.6	-
Other Financing Activities	-0.83	-0.83	-0.42	-
Financing Cash Flow	-0.44	-10.97	-0.76	2.52
Net Cash Flow	0.35	-0.18	-0.34	0.98
Free Cash Flow	0.61	10.78	0.42	-1.54
Free Cash Flow Growth	44.76%	2445.02%	-	-
Free Cash Flow Margin	0.45%	9.37%	0.49%	-1.86%
Free Cash Flow Per Share	0.02	0.27	0.01	-0.04
Cash Interest Paid	0.18	0.52	0.81	0.44
Cash Income Tax Paid	0.13	0.14	-	-
Levered Free Cash Flow	-	8.84	-0.23	-
Unlevered Free Cash Flow	-	9.17	0.29	-
Change in Net Working Capital	-	-0.06	3.27	-

Source: S&P Capital IQ. Standard template. Financial Sources.