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Bitnine Co (XKRX:357880) Cash Flow from Operations : ₩-9,583 Mil (TTM As of Mar. 2024)


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What is Bitnine Co Cash Flow from Operations?

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Mar. 2024, Bitnine Co's Net Income From Continuing Operations was ₩-2,710 Mil. Its Depreciation, Depletion and Amortization was ₩475 Mil. Its Change In Working Capital was ₩-1,737 Mil. Its cash flow from deferred tax was ₩0 Mil. Its Cash from Discontinued Operating Activities was ₩0 Mil. Its Asset Impairment Charge was ₩0 Mil. Its Stock Based Compensation was ₩46 Mil. And its Cash Flow from Others was ₩1,401 Mil. In all, Bitnine Co's Cash Flow from Operations for the three months ended in Mar. 2024 was ₩-2,525 Mil.


Bitnine Co Cash Flow from Operations Historical Data

The historical data trend for Bitnine Co's Cash Flow from Operations 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.

Bitnine Co Cash Flow from Operations Chart

Bitnine Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Cash Flow from Operations
-4,533.68 -1,845.32 -2,670.99 2,891.49

Bitnine Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash Flow from Operations Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,872.48 -2,174.84 -1,106.57 -3,775.83 -2,525.44

Bitnine Co Cash Flow from Operations Calculation

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Bitnine Co's Cash Flow from Operations for the fiscal year that ended in Dec. 2022 is calculated as:

Bitnine Co's Cash Flow from Operations for the quarter that ended in Mar. 2024 is:


Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-9,583 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.


Bitnine Co  (XKRX:357880) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Bitnine Co's net income from continuing operations for the three months ended in Mar. 2024 was ₩-2,710 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

Bitnine Co's depreciation, depletion and amortization for the three months ended in Mar. 2024 was ₩475 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Bitnine Co's change in working capital for the three months ended in Mar. 2024 was ₩-1,737 Mil. It means Bitnine Co's working capital declined by ₩1,737 Mil from Dec. 2023 to Mar. 2024 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Bitnine Co's cash flow from deferred tax for the three months ended in Mar. 2024 was ₩0 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

Bitnine Co's cash from discontinued operating Activities for the three months ended in Mar. 2024 was ₩0 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Bitnine Co's asset impairment charge for the three months ended in Mar. 2024 was ₩0 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Bitnine Co's stock based compensation for the three months ended in Mar. 2024 was ₩46 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Bitnine Co's cash flow from others for the three months ended in Mar. 2024 was ₩1,401 Mil.


Bitnine Co Cash Flow from Operations Related Terms

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Bitnine Co (XKRX:357880) Business Description

Industry
Traded in Other Exchanges
N/A
Address
401 Yangcheon-ro, A 1201 Hangang Xi Tower, Gangseo-gu, Seoul, KOR
Bitnine Co Ltd is a graph technology company that is working in the global market through multi-model database products. Its products include Agence Graph, AG Cloud, Apache AGE, and G-Pass among others.

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