ITP: the cash flow

MyFinsight

For the quarter ending 2025-09-30, ITP had $1,610,352 increase in cash & cash equivalents over the period. $1,499,682 in free cash flow.

Cash Flow	2025-09-30	2025-06-30
Net income	-1,448,247	-5,455,611
Accounts payable	-	-1
Depreciation and amortization	3,574,417	7,090,582
Gain on derivative liability	303	5,348
Gain from disposal and impairment of property, plant and equipment	3,709	-
(recovery from) allowance for bad debts	4,461	-31,138
Allowances for inventories, net	86	31,436
Accounts receivable	231,618	1,579,675
Notes payable	-	0
Prepayments and other current assets	2,179,747	-860,449
Inventories	-1,216,876	2,694,397
Accounts payable	-1	-
Related parties	102,073	143,875
Accrued payroll and employee benefits	13,980	144,797
Advance from customers	-	0
Other payables and accrued liabilities	145,527	527,615
Income taxes payable	306,139	-81,025
Net cash provided by operating activities	1,499,763	-1,111,313
Purchases of property, plant and equipment	81	29,896
Proceeds from sale of property, plant and equipment	4,191	-
Net cash used in investing activities	4,110	-29,896
Proceeds from issuance of shares and warrants, net	1,063,124	-
Proceeds from short term bank loans	4,053,974	1,003,093
Proceeds from long term loans	4,692,455	-
Proceeds from issuance of shares	-	1,063,124
Repayment of bank loans	8,744,836	417,955
Net cash provided by (used in) financing activities	1,593	1,648,262
Effect of exchange rate changes on cash and cash equivalents	104,886	51,726
Net increase in cash and cash equivalents	1,610,352	558,779
Cash and cash equivalents at beginning of period	6,950,576	-
Cash and cash equivalents at end of period	9,119,707	-

Unit: Dollar. Numbers labeled with * are estimated quarterly values.