← Akso Health Group

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — ($13.1m) ($9.1m) ($135.5m) ($18.7m)
Net Income (Loss) Attributable to Parent — $65.5m $5.5m ($71.2m) ($34.8m) ($16.9m) ($1.4m) ($9.5m) ($135.0m) ($18.7m)
Net Income (Loss) Available to Common Stockholders, Basic — $65.5m $5.5m ($71.2m) — — ($1.4m) ($9.5m) ($135.0m) ($18.7m)
Net loss from continuing operations — — — — ($4.3m) ($4.1m) ($13.1m) ($9.1m) ($135.5m) —
Loss from disposal of discontinued operations — — — — ($3.2m) — — $396k — —
Less: cash and cash equivalents of discontinued operations at end of period — — — — $13.6m $3.5m $1.3m $1.0m — —
Cash and cash equivalents of continuing operations, at end of period $19.2m $132.6m — — — $18.4m $7.9m $85.2m $176.2m —
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — $65.5m $5.5m ($71.2m) — ($16.8m) ($1.2m) ($9.5m) ($135.5m) —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — ($16.9m) ($13.1m) ($9.1m) ($135.5m) —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — ($31.6m) ($16.8m) — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — $11.8m ($400k) — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — ($3.3m) — $11.8m — — —
Net Income (Loss) Attributable to Noncontrolling Interest — $29k — — — $1k $112k ($58k) ($492k) —
Depreciation, Depletion and Amortization $92k $174k $407k $581k $15k $18k $0 $0 $2.1m —
Amortization of Intangible Assets — — — — — — — — $2.1m —
Depreciation $92k $174k $407k $581k $15k $18k $0 $0 $2k —
Depreciation Amortization Depletion — — — — — — $0 $0 $2.1m $2.4m
Deferred Income Tax Expense (Benefit) — $416k ($3.7m) $3.6m — — — — ($30.8m) —
Deferred tax (benefit) expense $136k $416k — — — — — — ($30.8m) —
Deferred Income Tax — — — — — — $0 $0 ($30.8m) ($2.0m)
Deferred Tax — — — — — — $0 $0 ($30.8m) ($2.0m)
Share-based Payment Arrangement, Noncash Expense — $1.8m $6.6m $347k $55k $392k — — — —
Share-based Payment Arrangement, Expense — $1.8m $6.6m $347k $55k $392k — — — —
Goodwill and Intangible Asset Impairment — — — — — — — — $162.4m —
Goodwill, Impairment Loss — — — — — — — — $41.4m —
Impairment of Intangible Assets (Excluding Goodwill) — — — — — — — — $121.1m —
Asset Impairment Charge — — — — — — $0 $0 $162.5m $16.7m
Gain (Loss) on Disposition of Property Plant Equipment ($288k) ($456k) ($5k) ($29k) ($17k) ($5k) — — ($154k) —
Income Tax Expense (Benefit) — $11.0m $1.9m $4.3m $483k $131k $18k $25k ($30.8m) —
Operating Lease, Expense — — — $2.0m $399k $467k — — $11k —
Other Nonoperating Income (Expense) — $661k $2.3m $1.6m ($165k) ($781k) $1.2m ($454k) — —
Operating lease liabilities — — — $754k ($787k) — — — $82k —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories — — — — — $7.8m ($6.1m) ($1.5m) — —
Foreign Currency Transaction Gain (Loss), before Tax — — — — — — — ($592k) ($26) —
Gain (Loss) on Termination of Lease — — — — $0 — — — — —
General and Administrative Expense — $5.8m $9.9m $26.5m $27.2m $15.0m $15.5m $8.6m $3.6m —
Goodwill — — — — — — — — $10.8m —
Nonoperating Income (Expense) — — — — — — — — $34k —
Operating Expenses — $31.4m — — — $16.9m $15.5m $8.8m $166.0m —
Proceeds from Contributed Capital — — — $124k — — — — — —
Proceeds from Stock Options Exercised — — $1.2m $282k $5 — — — — —
Revenue from Contract with Customer, Including Assessed Tax — — $82.6m $19.0m — $6.3m $13.2m — — —
(Recovery of) Provision for doubtful accounts — — $1.1m $16.1m — — $8.3m $7.4m ($100k) —
Accounts receivable — — — — — — ($8.1m) $327k ($860k) —
Prepayments and other assets ($2.5m) $3.1m ($2.2m) $899k ($113k) ($507k) ($95k) ($131k) ($6.4m) —
Inventories — — — — — ($7.8m) $6.1m $1.5m — —
Accounts payable, accrued expenses and other current liabilities ($2.6m) $2.5m ($469k) ($338k) ($82k) ($104k) $713k $166k $417k —
Contract liabilities — — $301k ($65k) — — $194k $221k $9.9m —
Taxes payable $2.2m $14.7m ($9.4m) ($2.6m) $337k ($184k) $3k ($22k) ($41k) —
Cash paid for loan originations — ($34.7m) ($123.5m) ($6.1m) — ($20.0m) ($1.5m) — ($35.5m) —
Cah paid in connection with acquisition — — — — — — — ($56.2m) ($93.8m) —
Cash received from loan repayments — $7.5m $72.9m $33.8m $407k $41k $20.0m $1.5m $23.5m —
Repayments of loans due to related parties ($5.9m) — — — — — ($27.5m) ($7.7m) — —
Proceeds from private placement, net of offering costs $2.0m — — — — $10.0m — $139.3m $195.9m —
Beginning Cash Position — — — — — — $21.9m $9.2m $86.2m $176.2m
Cash Flow From Continuing Financing Activities — — — — — — ($27.5m) $131.7m $195.9m $350k
Cash Flow From Continuing Investing Activities — — — — — — $18.5m ($54.7m) ($105.9m) ($163.5m)
Cash From Discontinued Financing Activities — — — — — — $0 $0 $0 $0
Cash From Discontinued Investing Activities — — — — — — $0 $0 $0 $0
Change In Account Payable — — — — — — $713k $166k $417k $313k
Change In Accrued Expense — — — — — $0 — $0 $0 $527
Change In Income Tax Payable — — — — — — $3k ($22k) ($41k) $59k
Change In Interest Payable — — — — — $0 — $0 $0 $527
Change In Inventory — — — — — — $6.1m $1.5m $0 $0
Change In Other Current Liabilities — — — — — — $0 $0 $82k ($57k)
Change In Other Working Capital — — — — — — $194k $221k $9.9m ($5.8m)
Change In Payable — — — — — — $716k $144k $377k $372k
Change In Payables And Accrued Expense — — — — — — $716k $144k $377k $373k
Change In Prepaid Assets — — — — — — ($95k) ($131k) ($6.4m) ($5.4m)
Change In Receivables — — — — — — ($8.1m) $327k ($860k) ($435k)
Change In Tax Payable — — — — — — $3k ($22k) ($41k) $59k
Change In Working Capital — — — — — — ($1.2m) $2.1m $3.0m ($11.3m)
Changes In Account Receivables — — — — — — ($8.1m) $327k ($860k) ($435k)
Changes In Cash — — — — — — ($12.3m) $78.3m $91.1m ($175.9m)
End Cash Position — — — — — — $9.2m $86.2m $176.2m $171k
Financing Cash Flow — — — — — — ($27.5m) $131.7m $195.9m $350k
Free Cash Flow — — — — — — ($3.3m) $1.4m $1.0m ($188.5m)
Investing Cash Flow — — — — — — $18.5m ($54.7m) ($105.9m) ($163.5m)
Issuance Of Capital Stock — — — — — — $0 $139.3m $195.9m $0
Net Business Purchase And Sale — — — — — — $0 ($56.2m) ($93.8m) $0
Net Intangibles Purchase And Sale — — — — — — — $0 $0 ($175.7m)
Net PPE Purchase And Sale — — — — — — $0 $0 ($154k) ($2k)
Other Non Cash Items — — — — — — — $396k ($99k) $84k
Proceeds From Stock Option Exercised — — — — — $0 $0 — — —
Provisionand Write Offof Assets — — — — — — $8.3m $7.4m ($100k) $109k
Purchase Of Business — — — — — — $0 ($56.2m) ($93.8m) $0
Purchase Of Intangibles — — — — — — — $0 $0 ($175.7m)
Purchase Of PPE — $456k $945k $315k $200k $5k $0 $0 ($154k) ($2k)
Stock Based Compensation — — — — — $392k $0 $0 — —
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax — — — — $3.2m — — ($396k) — —
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax — — — — ($6.4m) — $11.8m ($4k) — —
Net Cash Provided by (Used in) Operating Activities $8.2m $87.7m ($1.7m) ($55.9m) $10.1m ($8.6m) ($3.3m) $1.4m $1.2m ($12.8m)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment — — — — — ($5k) — — $154k ($175.7m)
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — — — $93.8m —
Net Other Investing Changes — — — — — — $18.5m $1.5m ($12.0m) $12.2m
Net cash (used in)provided by investing activities from continuing operations — — ($67.1m) $17.4m $407k ($20.0m) $18.5m ($54.7m) ($105.9m) —
Net cash provided by investing activities from discontinued operations — — ($1.0m) ($4.6m) ($408k) $36k — — — —
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES ($288k) ($27.6m) ($68.1m) $12.8m ($662) ($20.0m) $18.5m ($54.7m) ($105.9m)
Net Cash Provided by (Used in) Investing Activities — ($27.6m) ($68.1m) $12.8m ($662) ($20.0m) $18.5m ($54.7m) ($105.9m) —
Cash flows from financing activities:
Issuance Of Debt — — — — — — — $0 $0 $350k
Net Issuance Payments Of Debt — — — — — — ($27.5m) ($7.7m) $0 $350k
Net Short Term Debt Issuance — — — — — — ($27.5m) ($7.7m) $0 $350k
Short Term Debt Issuance — — — — — — — $0 $0 $350k
Repayment Of Debt — — — — — — ($27.5m) ($7.7m) $0 $0
Short Term Debt Payments — — — — — — ($27.5m) ($7.7m) $0 $0
Common Stock Issuance — — — — — — $0 $139.3m $195.9m $0
Net Common Stock Issuance — — — — — — $0 $139.3m $195.9m $0
Payments for Repurchase of Common Stock — — $1.3m $2.7m — — — — — —
Payments of Ordinary Dividends, Common Stock — — $20 — — — — — — —
Proceeds from Noncontrolling Interests — $4.5m — — — — — — — —
Net cash provided by (used in) financing activities from continuing operations — — $51.4m ($8.2m) ($9.1m) $34.8m ($27.5m) $131.7m $195.9m —
Net cash provided by financing activities from discontinued operations — — ($51.4m) $6.7m $37k $25.7m — — — —
Net Cash Provided by (Used in) Financing Activities $4.3m $47.5m ($29k) ($4.0m) ($9.0m) $34.8m ($27.5m) $131.7m $195.9m —
EFFECT OF EXCHANGE RATE CHANGE ON CASH ($777k) $5.8m ($5.4m) $609k $3.2m $608k ($437k) ($1.3m) ($1.1m)
Effect Of Exchange Rate Changes — — — — — — ($437k) ($1.3m) ($1.1m) ($153k)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($75.3m) ($46.4m) $4.2m $6.8m ($12.7m) $77.0m $90.0m —
NET INCREASE (DECREASE) IN CASH $11.4m $113.4m ($75.3m) ($46.4m) $4.2m $6.8m ($12.7m) $77.0m $90.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $57.4m $10.9m — $21.9m $9.2m $86.2m $176.2m —
CASH AND CASH EQUIVALENTS – beginning of year $19.2m $132.6m $57.4m $10.9m $15.1m $21.9m $9.2m $86.2m $176.2m —
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($12.7m) $77.0m $90.0m ($176.1m)
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $2.4m $2.1m $677k $337k $112k — —
Income Taxes Paid, Net $301k $1.0m $12.2m $3.2m $10k $39k $337k $25k $3k $2k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.