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Simplicity Esports and Gaming Co (Simplicity Esports and Gaming Co) Cash Flow from Investing : $0.10 Mil (TTM As of Feb. 2023)


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What is Simplicity Esports and Gaming Co Cash Flow from Investing?

Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).

For the three months ended in Feb. 2023, Simplicity Esports and Gaming Co spent $0.00 Mil on purchasing property, plant, equipment. It gained $0.00 Mil from selling property, plant, and equipment. It spent $0.00 Mil on purchasing business. It gained $0.00 Mil from selling business. It spent $0.00 Mil on purchasing investments. It gained $0.00 Mil from selling investments. It paid $0.00Mil for net Intangibles purchase and sale. And it paid $0.00 Mil for other investing activities. In all, Simplicity Esports and Gaming Co gained $0.04 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Feb. 2023.


Simplicity Esports and Gaming Co Cash Flow from Investing Historical Data

The historical data trend for Simplicity Esports and Gaming Co's Cash Flow from Investing can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Simplicity Esports and Gaming Co Cash Flow from Investing Chart

Simplicity Esports and Gaming Co Annual Data
Trend May17 May18 May19 May20 May21 May22
Cash Flow from Investing
Get a 7-Day Free Trial -52.37 -0.20 -0.14 -0.15 -0.52

Simplicity Esports and Gaming Co Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
Cash Flow from Investing Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.34 -0.16 0.08 0.16 0.04

Simplicity Esports and Gaming Co Cash Flow from Investing Calculation

Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).

If a company spends cash on property, plant and equipment (PPE), this will reduce their cash position. This is called Capital Expenditures (CPEX).

Likewise, if a company buys another company for cash, this will reduce their cash position.

Simplicity Esports and Gaming Co's Cash Flow from Investing for the fiscal year that ended in May. 2022 is calculated as:

Simplicity Esports and Gaming Co's Cash Flow from Investing for the quarter that ended in Feb. 2023 is calculated as:


Cash Flow from Investing for the trailing twelve months (TTM) ended in Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.10 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Simplicity Esports and Gaming Co  (OTCPK:WINR) Cash Flow from Investing Explanation

Cash flow from investing contains nine items:

1. Purchase Of Property, Plant, Equipment:
Purchase of PPE indicates the amount used to purchase property, plant, and equipment.

Simplicity Esports and Gaming Co's purchase of property, plant, equipment for the three months ended in Feb. 2023 was $0.00 Mil. It means Simplicity Esports and Gaming Co spent $0.00 Mil on purchasing property, plant, equipment.

In the capital spending for property, plant and equipment (PPE), some part of spending may be from the expansion of business. The business needs more property, plant and equipment (PPE) as it grows. Another part may be from replacement of the property, plant and equipment (PPE) of existing business. For some companies, the cash spent on replacing of the property, plant and equipment (PPE) of the existing business will be close to the depreciation of property, plant and equipment (PPE) reported in the income statement.

In Warren Buffett's definition of Owner's Earnings, he deducts the estimate of the cost of replacing the property, plant and equipment (PPE) of the existing business from cash flow from operations. The cash spent on the new property, plant, and equipment is not deducted. The reason is because these are not costs of the existing business. In his 1986 letter to shareholders, Warren Buffett wrote this about owner earnings:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume....Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

2. Sale Of Property, Plant, Equipment:
Sale of PPE indicates the amount gained from selling property, plant, and equipment.

Simplicity Esports and Gaming Co's sale of property, plant, equipment for the three months ended in Feb. 2023 was $0.00 Mil. It means Simplicity Esports and Gaming Co gained $0.00 Mil from selling property, plant, and equipment.

3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.

Simplicity Esports and Gaming Co's purchase of business for the three months ended in Feb. 2023 was $0.00 Mil. It means Simplicity Esports and Gaming Co spent $0.00 Mil on purchasing business.

4. Sale Of Business:
Sale of business indicates the amount gained from selling business.

Simplicity Esports and Gaming Co's sale of business for the three months ended in Feb. 2023 was $0.00 Mil. It means Simplicity Esports and Gaming Co gained $0.00 Mil from selling business.

5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.

Simplicity Esports and Gaming Co's purchase of investment for the three months ended in Feb. 2023 was $0.00 Mil. It means Simplicity Esports and Gaming Co spent {stock_data.stock.currency_symbol}}0.00 Mil on purchasing investments.

6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.

Simplicity Esports and Gaming Co's sale of investment for the three months ended in Feb. 2023 was $0.00 Mil. It means Simplicity Esports and Gaming Co gained $0.00 Mil from selling investments.

7. Net Intangibles Purchase And Sale:
Net Intangibles purchase and sale means the net cash inflow received by a company that comes from the purchase and sale of intangibles. It equals the cash received from sale of intangibles minus the cash spent on purchasing intangibles.

Simplicity Esports and Gaming Co's net Intangibles purchase and sale for the three months ended in Feb. 2023 was $0.00 Mil. It means Simplicity Esports and Gaming Co paid $0.00 Mil for net Intangibles purchase and sale.

8. Cash From Discontinued Investing Activities:
Cash from discontinued investing activities means the cash received by a company that comes from the discontinued investing activities.

Simplicity Esports and Gaming Co's cash from discontinued investing activities for the three months ended in Feb. 2023 was 0.00 Mil. It means Simplicity Esports and Gaming Co paid $0.00 Mil for discontinued investing activities.

9. Cash From Other Investing Activities:
Cash from other investing activities means the cash received by a company that comes from other investing activities.

Simplicity Esports and Gaming Co's cash from other investing activities for the three months ended in Feb. 2023 was $0.00 Mil. It means Simplicity Esports and Gaming Co paid $0.00 Mil for other investing activities.


Simplicity Esports and Gaming Co Cash Flow from Investing Related Terms

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Simplicity Esports and Gaming Co (Simplicity Esports and Gaming Co) Business Description

Traded in Other Exchanges
N/A
Address
7000 W. Palmetto Park Road, Suite 505, Boca Raton, FL, USA, 33433
Simplicity Esports and Gaming Co is a North American esports organization managing esports teams domestically and internationally. The company through its subsidiaries owns and manages professional esports teams competing in games such as Overwatch, Apex Legends, PUBG, and more. The company owns Corporate and Franchised Gaming Centers. The company reports in Four segments namely Franchise royalties and fees, which is the key revenue generator; Company-owned stores; Esports revenue; and Franchise deposit revenue.
Executives
Beatrice Tarka director 800 WEST EL CAMINO REAL, SUITE 275, MOUNTAIN VIEW CA 94040
Roman Nehemiah Franklin director, officer: President 1345 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10105
Herrmann William H Jr director PO BOX 6, BRYN ATHYN PA 19009
Jed Philip Kaplan director, officer: CEO and Interim CFO C/O SIMPLICITY ESPORTS AND GAMING CO., 7000 W PALMETTO PARK ROAD SUITE 210, BOCA RATON FL 33433
Edward L Jaroski director 5847 SAN FELIPE, SUITE 4100, HOUSTON TX 77057
Nancy L. Hennessey officer: Chief Financial Officer 7000, W. PALMETTO PARK RD, SUITE 505, BOCA RATON FL 33433
Laila Cavalcanti Loss director 7000W PALMETTO PARK RD, SUITE 505, BOCA RATON FL 33433
Lau Knicks officer: Chief Financial Officer 1980 FESTIVAL PLAZA DR., SUITE 750, LAS VEGAS NV 89135
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
K2 Principal Fund, L.p. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
K2 Genpar 2017 Inc. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
Steven Michael Grossman officer: President of Subsidiary C/O SIMPLICITY ESPORTS AND GAMING CO., 7000 W PALMETTO PARK ROAD SUITE 210, BOCA RATON FL 33433
Donald R Caldwell director 5 RADNOR CORP CENTER STE 555, RADNOR PA 19087
Max Wayne Hooper director 1345 AVE OF THE AMERICAS 2ND FL, NEW YORK NY 10105
Frank Leavy director 1345 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10105

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