Replies to post #108168 on Savvy Trades and Investments

[e-ore]

Still holding SCIA. Future still looking good

Cash and cash equivalents

As of September 30, 2023, cash on hand was $5,798,613 compared to $3,947,966 at December 31, 2022. The increase was due to net cash provided by operating activities partially offset by investment in our manufacturing footprint and acquisition of production equipment.

Working capital

At September 30, 2023, working capital was $7,139,370 compared to $5,211,625 at December 31, 2022, an increase of $1,927,745 or 37.0%. Cash increased $1,850,647, accounts receivable-trade increased $376,179, inventories increased $1,009,304, prepaid purchase orders increased $1,171,740 and customer deposits increased $2,410,832. (to $4,236,427)