NextPlay Technologies, Inc. (NXTP) Cash Flow Statement
Where NXTP’s cash came from and went, FY2022
February 28, 2022 · U.S. dollars- Cash from operations
- −$22.0M
- Capital expenditures
- $4.3M 52.7% of revenue
- Free cash flow
- −$26.4M −321.3% margin
- Returned to shareholders
- $500,000
- Change in cash
- $6.2M cash at year-end $6.6M
Drawn to scale: where the cash came from and how it was used. Hover for values.
NXTP operating cash flow, capex and free cash flow
NXTP cash flow trends, FY2013–FY2022
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$5.2MFY2013 | −$22.0MFY2022 | — | |
| Capital expenditures | $0FY2013 | $4.3MFY2022 | — | |
| Free cash flow | −$5.2MFY2013 | −$26.4MFY2022 | — | |
| Free cash flow margin | −531.3%FY2013 | −321.3%FY2022 | +210.0 pts | |
| Operating cash flow / net income | −1.69FY2015 | −0.83FY2019 | +0.87 | |
| Stock-based compensation | $1.2MFY2013 | $546,978FY2022 | −8.7%/yr | |
| Share buybacks (net) | $0FY2021 | $500,000FY2022 | — | |
| Capex / revenue | 0.0%FY2013 | 52.7%FY2022 | +52.7 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NXTP cash flow by activity
NXTP net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
NXTP cash flow statement
| FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$38.0M | −$1.2M | −$9.5M | $4.3M | −$10.0M | −$7.1M | −$4.6M | $1.5M | −$16.4M | −$4.2M |
| Depreciation & amortization | $5.6M | $461,596 | $293,804 | $293,804 | $211,158 | $1.8M | $164,615 | $1.3M | $1.4M | $604,008 |
| Stock-based compensation | $546,978 | $577,197 | $706,957 | $1.2M | $1.1M | $2.2M | $1.0M | $513,877 | $2.2M | $1.2M |
| Change in working capital | −$4.1M | $157,618 | $232,209 | $178,920 | $123,185 | −$422,074 | $743,587 | $1.0M | −$2,216 | −$1.7M |
| Other non-cash items | $13.9M | −$989,437 | $3.3M | −$9.5M | $4.9M | −$163,953 | $501,543 | −$7.0M | $8.2M | −$1.2M |
| Cash from operating activities | −$22.0M | −$993,335 | −$4.9M | −$3.6M | −$3.7M | −$3.7M | −$2.1M | −$2.6M | −$4.6M | −$5.2M |
| Investing activities | ||||||||||
| Capital expenditures | −$4.3M | −$2.6M | −$165,879 | −$961,167 | −$508,565 | −$685,414 | −$112,466 | −$590,441 | −$737,816 | $0 |
| Investments (net) | −$1.3M | −$2.2M | $1.8M | −$551,167 | −$508,566 | — | — | — | — | — |
| Acquisitions & other investing | $13.5M | $2.8M | — | — | — | — | — | — | — | — |
| Cash from investing activities | $7.9M | −$2.0M | — | — | — | — | — | — | — | — |
| Financing activities | ||||||||||
| Share repurchases & issuance (net) | −$500,000 | $10.3M | — | — | — | — | — | — | — | — |
| Net borrowing (repayment) | −$7.0M | $1.1M | — | — | — | — | — | — | — | — |
| Shares issued | $27.9M | $6.0M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $0 | −$10.3M | $3.3M | $2.5M | $4.8M | $5.3M | $2.1M | $3.4M | $5.4M | $5.3M |
| Cash from financing activities | $20.3M | $7.1M | $3.3M | $2.5M | $4.8M | $5.3M | $2.1M | $3.4M | $5.4M | $5.3M |
| Summary | ||||||||||
| Net change in cash | $6.2M | $282,414 | $129,527 | −$1.6M | $597,349 | $869,121 | −$88,468 | $108,594 | $81,467 | $23,362 |
| Cash at end of period | $6.6M | $444,920 | $162,506 | $32,979 | $1.6M | $1.0M | $137,944 | $226,412 | $117,818 | $36,351 |
| Free cash flow | −$26.4M | −$3.6M | −$5.1M | −$4.5M | −$4.2M | −$4.4M | −$2.2M | −$3.2M | −$5.3M | −$5.2M |
| Free cash flow margin | −321.3% | −0.0% | −1,155.3% | −893.7% | −982.7% | −1,105.1% | −410.1% | −294.0% | −340.8% | −531.3% |
| Capex / revenue | 52.7% | 0.0% | 37.5% | 190.3% | 118.1% | 171.2% | 20.6% | 54.0% | 47.2% | 0.0% |
| Operating cash flow / net income | — | — | — | −0.83 | — | — | — | −1.69 | — | — |
| Nov '22 | Aug '22 | May '22 | Feb '22 | Nov '21 | Aug '21 | May '21 | Feb '21 | Nov '20 | Aug '20 | May '20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||
| Net income | −$3.2M | −$9.2M | −$19.7M | −$19.7M | −$9.1M | −$8.8M | −$9.4M | −$9.4M | −$532,600 | −$198,620 | −$2.0M |
| Depreciation & amortization | $511,598 | $393,797 | $2.3M | $2.3M | $1.8M | $1.4M | $253,741 | −$59,720 | $143,073 | $130,782 | $63,332 |
| Stock-based compensation | $401,393 | $190,785 | −$333,457 | −$333,457 | $258,685 | $621,750 | −$828,006 | — | $528,585 | $760,090 | $116,528 |
| Change in working capital | $1.9M | $11.3M | −$2.0M | −$2.0M | −$1.6M | −$288,898 | −$2.5M | −$2.5M | $785,386 | $60,127 | −$40,817 |
| Other non-cash items | $191,169 | −$3.3M | $10.3M | $10.3M | −$221,063 | $4.0M | $7.9M | $7.4M | −$1.0M | −$1.4M | $1.9M |
| Cash from operating activities | −$156,429 | −$619,178 | −$9.5M | −$9.5M | −$8.8M | −$3.1M | −$4.6M | −$4.6M | −$86,735 | −$600,426 | $30,754 |
| Investing activities | |||||||||||
| Capital expenditures | −$4,122 | −$965,005 | −$2.2M | −$56,544 | −$559,868 | −$1.1M | −$31,780 | $0 | −$16,568 | −$3,636 | −$9,309 |
| Investments (net) | $4,122 | −$957,707 | −$762 | −$1.5M | −$161,094 | $349,302 | −$20.4M | $1.2M | −$3.0M | −$162,736 | — |
| Acquisitions & other investing | $4,122 | $965,005 | −$1.7M | −$2.1M | $0 | $25.5M | $7.9M | — | −$564,247 | −$206,451 | −$575,579 |
| Cash from investing activities | $4,122 | −$957,707 | −$3.9M | −$3.7M | −$720,962 | $24.8M | −$12.5M | — | −$3.6M | −$372,823 | −$584,888 |
| Financing activities | |||||||||||
| Dividends paid | — | — | −$28.1M | — | — | — | — | — | — | — | — |
| Share repurchases & issuance (net) | $0 | — | −$271,456 | $0 | $271,456 | −$771,456 | $8.4M | — | — | — | — |
| Net borrowing (repayment) | — | $1.9M | −$798,662 | −$1.7M | −$6.1M | −$11.0M | $11.8M | — | $264,340 | −$98,283 | $570,666 |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $1.1M | $0 | $27.5M | $0 | $27.9M | −$2.0M | −$17.8M | $2.4M | $3.4M | $1.2M | $0 |
| Cash from financing activities | $1.1M | $1.9M | −$1.7M | −$1.7M | $22.0M | −$13.8M | $2.4M | $2.4M | $3.7M | $1.1M | $570,666 |
| Summary | |||||||||||
| Net change in cash | −$152,307 | $308,957 | −$14.8M | −$14.8M | $12.5M | $7.9M | $2.6M | −$955,142 | −$39,110 | $93,977 | −$146,778 |
| Cash at end of period | $2.6M | $2.7M | $6.6M | $21.4M | $21.4M | $8.9M | $2.6M | $2.6M | $70,595 | $109,705 | $15,727 |
| Free cash flow | −$152,307 | −$1.6M | −$11.6M | −$11.6M | −$9.4M | −$4.2M | −$4.5M | −$4.5M | −$103,303 | −$604,062 | $21,445 |
| Free cash flow margin | −24.2% | −347.1% | −155.4% | −857.9% | −2,226.9% | −1,431.5% | −788,983.9% | −788,983.8% | −1,932.3% | −1,748.6% | 272.4% |
| Capex / revenue | 0.7% | 211.4% | 29.1% | 4.2% | 133.1% | 363.0% | 5,546.2% | 0.0% | 309.9% | 10.5% | 118.2% |
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.
NXTP cash generation
In fiscal 2022 (ended February 28, 2022), NextPlay Technologies generated -$22.0 million of cash from operations and spent $4.3 million on capital expenditures, leaving free cash flow of -$26.4 million, −321.3% of revenue. It returned $0.5 million to shareholders through dividends ($0) and net share buybacks ($0.5 million). Cash and equivalents rose by $6.2 million over the year.
Related: NXTP income statement, NXTP balance sheet. See the NXTP stock overview for the latest quote and news.
NXTP cash flow FAQ
What is NextPlay Technologies's free cash flow?
NextPlay Technologies's free cash flow was -$26.4 million in fiscal 2022: -$22.0 million of operating cash flow minus $4.3 million of capital expenditures It was -$3.6 million a year earlier..
How much cash does NextPlay Technologies generate from operations?
NextPlay Technologies generated -$22.0 million of cash from operating activities in fiscal 2022.
How much does NextPlay Technologies spend on capital expenditures?
NextPlay Technologies spent $4.3 million on capital expenditures in fiscal 2022, 52.7% of revenue, compared with $2.6 million the year before.
How much stock does NextPlay Technologies buy back?
NextPlay Technologies spent $0.5 million on net share repurchases in fiscal 2022.