Converge Technology Solutions Corp.
CTSDF · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | -$180,986 | -$1,448 | $22,844 | $16,366 |
| Dep. & Amort. | $100,456 | $119,983 | $80,065 | $39,587 |
| Deferred Tax | -$19,531 | -$33,894 | -$4,059 | $7,608 |
| Stock-Based Comp. | $5,858 | $3,692 | $5,594 | $2,325 |
| Change in WC | $148,464 | $90,746 | -$77,170 | $7,633 |
| Other Non-Cash | $215,120 | $50,461 | $14,312 | $13,546 |
| Operating Cash Flow | $269,381 | $229,540 | $41,586 | $87,065 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$1,442 | -$10,828 | -$23,942 | -$6,310 |
| Net Acquisitions | $0 | $0 | -$418,147 | -$260,550 |
| Inv. Purchases | $0 | $0 | $0 | $0 |
| Inv. Sales/Matur. | $0 | $0 | $0 | $0 |
| Other Inv. Act. | -$37,674 | -$93,098 | -$21,337 | -$10,942 |
| Investing Cash Flow | -$39,116 | -$103,926 | -$463,426 | -$277,802 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$159,647 | -$61,260 | $392,114 | -$149,957 |
| Stock Issued | $0 | $0 | $0 | $493,883 |
| Stock Repurch. | -$71,506 | -$17,388 | -$40,000 | $0 |
| Dividends Paid | -$10,777 | -$6,156 | -$1,084 | $0 |
| Other Fin. Act. | -$22,892 | -$29,041 | -$14,720 | $27,458 |
| Financing Cash Flow | -$264,822 | -$113,845 | $336,310 | $371,384 |
| Forex Effect | $7,945 | -$1,787 | -$2,773 | $2,779 |
| Net Chg. in Cash | -$27,686 | $10,529 | -$88,303 | $183,426 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $170,419 | $159,890 | $248,193 | $64,767 |
| End Cash | $142,733 | $169,872 | $159,890 | $248,193 |
| Free Cash Flow | $267,939 | $218,712 | $17,644 | $80,755 |