Financial Statements

LGL Systems Acquisition Corp. (DFNS)

$ 12.85
2.72 26.85%
Show:
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year
Retained Earnings (Previous Year)
Net Income
Stock Dividends
Dividend Paid
Retained Earnings

PPE Schedule

Year
Gross PPE
Annual Depreciation
Capital Expenditure
Net PPE

Intangible and Goodwill Schedule

Year
Intangible and Goodwill (Previous Year)
New Purchases
Intangible and Goodwill

LGL Systems Acquisition Corp. 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 LGL Systems Acquisition Corp. 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.