Eshallgo Inc. (EHGO) Cash Flow Statement
Where EHGO’s cash came from and went, FY2026
March 31, 2026 · U.S. dollars- Cash from operations
- −$5.5M
- Capital expenditures
- $137,530 0.8% of revenue
- Free cash flow
- −$5.6M −34.6% margin
- Returned to shareholders
- —
- Change in cash
- −$3.8M cash at year-end $3.8M
Cash from operations
−$5.5M
Capital expenditures
−$137,530
Acquisitions & other
+$1.5M
Other financing
+$85,821
Currency & other
+$194,683
Change in cash
−$3.8M
Drawn to scale: where the cash came from and how it was used. Hover for values.
EHGO operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
EHGO cash flow trends, FY2020–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $425,338FY2020 | −$5.5MFY2026 | — | |
| Capital expenditures | $99,359FY2020 | $137,530FY2026 | +5.6%/yr | |
| Free cash flow | $325,979FY2020 | −$5.6MFY2026 | — | |
| Free cash flow margin | 2.7%FY2020 | −34.6%FY2026 | −37.3 pts | |
| Operating cash flow / net income | 0.39FY2020 | 256.64FY2024 | +256.25 | |
| Stock-based compensation | $0FY2023 | $2.7MFY2025 | — | |
| Share buybacks (net) | $0FY2023 | $179,185FY2025 | — | |
| Capex / revenue | 0.8%FY2020 | 0.8%FY2026 | 0.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
EHGO cash flow by activity
OperatingInvestingFinancingChange in cash
EHGO net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
EHGO cash flow statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | −$11.3M | −$10.9M | $8,652 | $477,689 | $1.8M | $2.0M | $1.1M |
| Depreciation & amortization | $442,172 | $487,239 | $609,703 | $632,303 | $552,969 | $263,048 | $204,225 |
| Stock-based compensation | — | $2.7M | $0 | $0 | — | — | — |
| Change in working capital | −$2.9M | $355,101 | $946,085 | −$1.0M | −$3.9M | −$832,971 | −$1.0M |
| Other non-cash items | $8.3M | $6.1M | $655,978 | $712,502 | $1.3M | $1.0M | $126,140 |
| Cash from operating activities | −$5.5M | −$1.3M | $2.2M | $783,940 | −$159,416 | $2.4M | $425,338 |
| Investing activities | |||||||
| Capital expenditures | −$137,530 | −$98,237 | −$55,216 | −$353,974 | −$919,541 | −$395,121 | −$99,359 |
| Investments (net) | — | −$5.2M | −$1.6M | $1.2M | −$2.3M | −$1.4M | $10,478 |
| Acquisitions & other investing | $1.5M | $98,237 | $55,216 | $353,974 | $919,541 | $395,121 | $99,359 |
| Cash from investing activities | $1.4M | −$5.2M | −$1.6M | $1.2M | −$2.3M | −$1.4M | $10,478 |
| Financing activities | |||||||
| Share repurchases & issuance (net) | — | −$179,185 | −$98,220 | $0 | — | — | — |
| Net borrowing (repayment) | — | $4.6M | −$303,163 | $70,036 | $239,429 | — | — |
| Shares issued | $0 | $4.4M | $458,341 | $548,367 | $835,813 | $820,135 | $322,084 |
| Other financing | $85,821 | −$183,071 | −$6,527 | −$97,510 | $0 | −$378,312 | $0 |
| Cash from financing activities | $85,821 | $8.7M | $50,431 | $520,893 | $1.1M | $441,823 | $322,084 |
| Summary | |||||||
| Net change in cash | −$3.8M | $2.2M | $412,265 | $2.3M | −$1.2M | $1.7M | $655,824 |
| Cash at end of period | $3.8M | $7.6M | $5.4M | $4.9M | $2.7M | $3.9M | $2.2M |
| Free cash flow | −$5.6M | −$1.4M | $2.2M | $429,966 | −$1.1M | $2.1M | $325,979 |
| Free cash flow margin | −34.6% | −10.3% | 12.8% | 2.3% | −4.5% | 11.4% | 2.7% |
| Capex / revenue | 0.8% | 0.7% | 0.3% | 1.9% | 3.9% | 2.2% | 0.8% |
| Operating cash flow / net income | — | — | 256.64 | 1.64 | −0.09 | 1.22 | 0.39 |
| Jun '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Sep '22 | Mar '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$4.0M | −$7.3M | −$7.6M | −$3.2M | −$171,590 | −$171,590 | −$85,795 | $180,242 | $90,121 | $337,899 | $139,790 | $1.4M |
| Depreciation & amortization | $223,958 | $218,214 | $270,269 | $207,946 | $250,867 | $250,867 | $125,433 | $358,836 | $179,418 | $315,862 | $316,441 | $294,907 |
| Stock-based compensation | — | — | $4.2M | — | — | — | — | — | — | — | — | — |
| Change in working capital | $169,063 | −$3.1M | −$453,970 | $598,327 | $1.8M | $1.3M | $880,939 | −$383,391 | −$64,366 | −$1.0M | −$23,956 | −$2.6M |
| Other non-cash items | $2.4M | $5.9M | $2.5M | $2.3M | $27,789 | $460,191 | $13,895 | $195,787 | −$29,436 | $237,941 | $474,562 | $788,820 |
| Cash from operating activities | −$1.3M | −$4.2M | −$1.1M | −$3,310 | $1.9M | $1.9M | $934,472 | $351,474 | $175,737 | −$122,896 | $906,837 | −$79,937 |
| Investing activities | ||||||||||||
| Capital expenditures | −$44,491 | −$93,049 | −$47,262 | −$50,979 | −$31,159 | −$31,159 | −$15,579 | −$24,057 | −$12,029 | −$309,865 | −$44,109 | −$123,804 |
| Acquisitions & other investing | $1.1M | $452,506 | −$344,558 | −$4.7M | −$421,963 | — | — | −$1.1M | — | $1.3M | $168,219 | −$778,196 |
| Cash from investing activities | $1.0M | $359,457 | −$391,820 | −$4.8M | −$453,122 | — | — | −$1.2M | — | $1.0M | $124,110 | −$902,000 |
| Financing activities | ||||||||||||
| Share repurchases & issuance (net) | — | — | −$179,185 | — | −$98,220 | −$49,110 | −$49,110 | — | — | −$2,262 | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$128,639 | $214,461 | $4.4M | $4.3M | −$21,406 | −$10,703 | $22,917 | $110,244 | $51,409 | −$29,889 | $553,045 | −$27,740 |
| Cash from financing activities | −$128,639 | $214,461 | $4.2M | $4.3M | −$119,626 | −$59,813 | −$26,193 | $110,244 | $51,409 | −$32,151 | $553,045 | −$27,740 |
| Summary | ||||||||||||
| Net change in cash | −$226,739 | −$3.6M | $2.6M | −$379,958 | $1.4M | $1.4M | $692,885 | −$973,505 | −$486,753 | $1.1M | $1.2M | −$1.0M |
| Cash at end of period | $3.8M | $4.0M | $7.6M | $5.0M | $5.4M | $5.4M | $692,885 | $4.0M | −$486,753 | $4.9M | $3.9M | $2.7M |
| Free cash flow | −$1.3M | −$4.3M | −$1.2M | −$54,290 | $1.8M | $1.8M | $918,893 | $327,417 | $163,708 | −$432,761 | $862,728 | −$203,741 |
| Free cash flow margin | −15.5% | −55.4% | −17.2% | −0.8% | 21.2% | 21.2% | 21.2% | 4.0% | 4.0% | −4.7% | 9.3% | −1.5% |
| Capex / revenue | 0.5% | 1.2% | 0.7% | 0.8% | 0.4% | 0.4% | 0.4% | 0.3% | 0.3% | 3.4% | 0.5% | 0.9% |
| Operating cash flow / net income | — | — | — | — | — | — | — | 1.95 | 1.95 | −0.36 | 6.49 | −0.06 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
EHGO cash generation
In fiscal 2026 (ended March 31, 2026), Eshallgo generated -$5.5 million of cash from operations and spent $0.1 million on capital expenditures, leaving free cash flow of -$5.6 million, −34.6% of revenue. Cash and equivalents fell by $3.8 million over the year.
Related: EHGO income statement, EHGO balance sheet. See the EHGO stock overview for the latest quote and news.
EHGO cash flow FAQ
What is Eshallgo's free cash flow?
Eshallgo's free cash flow was -$5.6 million in fiscal 2026: -$5.5 million of operating cash flow minus $0.1 million of capital expenditures It was -$1.4 million a year earlier..
How much cash does Eshallgo generate from operations?
Eshallgo generated -$5.5 million of cash from operating activities in fiscal 2026.
How much does Eshallgo spend on capital expenditures?
Eshallgo spent $0.1 million on capital expenditures in fiscal 2026, 0.8% of revenue, compared with $0.1 million the year before.