FORGE INNOVATION DEVELOPMENT CORP. Cash Flow Statement
FGNV|8 years of annual SEC 10-K data (FY2017-FY2024)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 8 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Operating Cash Flow
-$182,574
FY2024
Free Cash Flow
-$265,638
FY2024
Capital Expenditures
$83,064
Cash used for long-term assets
Dividends Paid
N/A
FY2024
FORGE INNOVATION DEVELOPMENT CORP. used $182,574 in operating cash flow and negative free cash flow of $265,638 in FY2024.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -0.35 (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
- Negative return on equity: -120.0% ROE
- Conservative debt: Debt-to-equity ratio of 0.02
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income | -$1.3M | -$920.4K | -$34.1K | -$262.4K | -$320.1K | -$283.4K | -$326.1K | -$304.1K |
| Operating Cash Flow | -$182.6K | -$337.8K | -$30.8K | -$154.6K | -$271.8K | -$277.1K | -$336.8K | -$60.4K |
| Capital Expenditures | $83.1K | $2.1K | $9.0K | $21.1K | - | $9.8K | $34.8K | - |
| Free Cash Flow | -$265.6K | -$339.9K | -$39.9K | -$175.7K | - | -$286.9K | -$371.6K | - |
| FCF Margin | -39.8% | -77.5% | -32.5% | -488.2% | - | -796.9% | -1032.3% | - |