Erayak Power Solution Group Inc. (RAYA)

RAYA Cash Flow Statement

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

Year	2023	2022	2021	2020
Net Income	1.22	3.48	3.39	2.21
Depreciation & Amortization	0.9	0.79	0.76	0.34
Other Operating Activities	4.61	-8.42	0.49	-10.48
Operating Cash Flow	6.73	-4.15	4.64	-7.93
Capital Expenditures	2.52	-4.9	-0.24	-0.18
Change in Investments	-3.87	0	0	0
Other Investing Activities	-0.03	-	-0	-0.01
Investing Cash Flow	-1.38	-4.9	-0.24	-0.19
Share Issuance / Repurchase	0	10.08	0	0
Debt Issued / Paid	-6.44	1.24	-3.4	10.93
Financing Cash Flow	-6.44	11.32	-3.4	10.93
Exchange Rate Effect	-0.1	-0.38	0.11	0.23
Net Cash Flow	-1.19	1.89	1	2.82
Free Cash Flow	9.25	-9.05	4.4	-8.1
Free Cash Flow Margin	45.50%	-33.62%	23.61%	-57.38%
Free Cash Flow Per Share	0.77	-0.99	3.11	-810.31

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).