Financial Statements

Jowell Global Ltd. (JWEL)

$2.55

+0.05 (+2.00%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018
Retained Earnings (Previous Year) 300-
Net Income -6411
Stock Dividends --0-2-1
Dividend Paid ----
Retained Earnings -3300

PPE Schedule

Year 2021 2020 2019 2018
Gross PPE 400-
Annual Depreciation 4400
Capital Expenditure -2-0-0-0
Net PPE 6400

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) ----
New Purchases ----5
Intangible and Goodwill ----

Jowell Global Ltd. 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 Jowell Global Ltd. 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.