Financial Statements

CMG Holdings Group, Inc. (CMGO)

$0.005

+0.00 (+12.61%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2015 2014
Retained Earnings (Previous Year) --15--16-
Net Income 002-01
Stock Dividends -1415-17--17
Dividend Paid -----
Retained Earnings -14--15-16-16

PPE Schedule

Year 2021 2020 2019 2015 2014
Gross PPE 00-0-
Annual Depreciation -0-00-00
Capital Expenditure -----
Net PPE 00000

Intangible and Goodwill Schedule

Year 2021 2020 2019 2015 2014
Intangible and Goodwill (Previous Year) -0---
New Purchases -----
Intangible and Goodwill 00---

CMG Holdings Group, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes CMG Holdings Group, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.