BM Technologies (BM Technologies) Ending Cash Position : $14.29 Mil (As of Dec. 2023)

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What is BM Technologies Ending Cash Position?

BM Technologies's Ending Cash Position for the quarter that ended in Dec. 2023 was $14.29 Mil.

BM Technologies's quarterly Ending Cash Position declined from Jun. 2023 ($11.52 Mil) to Sep. 2023 ($8.80 Mil) but then increased from Sep. 2023 ($8.80 Mil) to Dec. 2023 ($14.29 Mil).

BM Technologies's annual Ending Cash Position declined from Dec. 2021 ($25.70 Mil) to Dec. 2022 ($21.11 Mil) and declined from Dec. 2022 ($21.11 Mil) to Dec. 2023 ($14.29 Mil).

BM Technologies Ending Cash Position Historical Data

The historical data trend for BM Technologies's Ending Cash Position 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.

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BM Technologies Ending Cash Position Chart

BM Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

0.48

2.99

25.70

21.11

14.29

BM Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Ending Cash Position	Get a 7-Day Free Trial												21.11	10.93	11.52	8.80	14.29

BM Technologies Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

BM Technologies's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	21.108	+	-6.82
	=	14.29

BM Technologies's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	8.802	+	5.486
	=	14.29

BM Technologies Ending Cash Position Related Terms

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BM Technologies (BM Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BM Technologies Inc (AMEX:BMTX) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 King of Prussia Road, Suite 350, Wayne, PA, USA, 19087

Website

https://www.bankmobile.com/

BM Technologies Inc provides digital banking and disbursement services to consumers and students nationwide through a full service fintech banking platform, accessible to customers anywhere and anytime through digital channels. It facilitates deposits and banking services between a customer and its Partner Bank, Customers Bank, which is a related party and is a Federal Deposit Insurance Corporation (FDIC) insured bank. Tje company has four primary revenue sources: interchange and card revenue, servicing fees, account fees, and university fees. The majority of revenues are driven by customer activity (deposits, spend, transactions, etc.) and may be paid or passed through by Customers Bank, universities, or paid directly by customers.

Executives

Michael Richard Pavone	director	201 KING OF PRUSSIA ROAD, SUITE 650, WAYNE PA 19087
Rajinder Singh	director	C/O BM TECHNOLOGIES, INC., 201 KING OF PRUSSIA ROAD, SUITE 650, WAYNE PA 19087
Warren Taylor	officer: Executive Vice President	1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
John J Dolan	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
James Francis Dullinger	officer: Chief Accounting Officer	C/O IOTA COMMUNICATIONS, INC., 645 HAMILTON STREET, SUITE 400, ALLENTOWN PA 18101
James M. Donahue	officer: Chief Technology Officer	201 KING OF PRUSSIA ROAD, SUITE 350, C/O BM TECHNOLOGIES, INC., WAYNE PA 19087
Aaron Hodari	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Andrew J. Dunklau	officer: President and Secretary	1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Schechter Private Capital, Llc	10 percent owner	251 PIERCE STREET, BIRMINGHAM MI 48009
Pankaj Dinodia	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Robert H Ramsey	officer: Chief Financial Officer	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Marcy Schwab	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Brent Hurley	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Robert Diegel	officer: Chief Operating Officer	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Mike Gill	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087