Financial Statements

WiMi Hologram Cloud Inc. (WIMI)

$2.18

-0.07 (-3.11%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 7622913046-
Net Income -236-1511028973
Stock Dividends -5-2-3-5-28
Dividend Paid -----
Retained Earnings -1647622913046

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2112-
Annual Depreciation 512-0-14
Capital Expenditure -25-0-0-0-2
Net PPE 282112

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -350351352396
New Purchases ---4-283-202
Intangible and Goodwill 350351352396277

WiMi Hologram Cloud 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 WiMi Hologram Cloud 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.