Financial Statements

ADF Group Inc. (DRX.TO)

$1.69

0.00 (0.00%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 19131617-
Net Income 107-2-0-7
Stock Dividends ---024
Dividend Paid -1-1-1-1-1
Retained Earnings 2819131617

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 85898988-
Annual Depreciation 43-21594
Capital Expenditure -22-2-2-4-6
Net PPE 10585898988

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

ADF 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 ADF 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.