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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	7.33	10.42	4.16	4.72
Depreciation & Amortization	1.16	1.17	0.88	0.74
Loss (Gain) From Sale of Assets	-0.05	-0.02	-	-
Provision & Write-off of Bad Debts	0.72	0.8	-0.09	-0.08
Other Operating Activities	3.95	0.31	0	0
Change in Accounts Receivable	-4.12	-3.54	1.09	-3.36
Change in Inventory	-5.43	-1.09	-2.08	-0.38
Change in Accounts Payable	-1.18	1.36	-1.15	-2.28
Change in Unearned Revenue	0.01	1.14	-0.64	0.3
Change in Income Taxes	0.79	2.12	-	-
Change in Other Net Operating Assets	-1.35	-1.76	-1.56	-0.96
Operating Cash Flow	2.74	10.91	0.62	-1.3
Operating Cash Flow Growth	-68.33%	1656.43%	-	-
Capital Expenditures	-0.49	-0.13	-0.2	-0.24
Sale of Property, Plant & Equipment	0.18	0.01	-	-
Investing Cash Flow	-0.31	-0.12	-0.2	-0.24
Short-Term Debt Issued	-	3.45	5.1	5
Total Debt Issued	3.45	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	-10.43	-14.2	-6.04	-2.48
Net Debt Issued (Repaid)	-6.97	-10.75	-0.94	2.52
Issuance of Common Stock	5.68	0.6	0.6	-
Other Financing Activities	-0.56	-0.83	-0.42	-
Financing Cash Flow	-1.86	-10.97	-0.76	2.52
Net Cash Flow	0.57	-0.18	-0.34	0.98
Free Cash Flow	2.25	10.78	0.42	-1.54
Free Cash Flow Growth	-73.75%	2445.02%	-	-
Free Cash Flow Margin	1.72%	9.37%	0.49%	-1.86%
Free Cash Flow Per Share	0.06	0.27	0.01	-0.04
Cash Interest Paid	0.27	0.52	0.81	0.44
Cash Income Tax Paid	2.24	0.14	-	-
Levered Free Cash Flow	4.01	8.84	-0.23	-
Unlevered Free Cash Flow	4.19	9.17	0.29	-
Change in Net Working Capital	4.33	-0.06	3.27	-

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