CV Holdings, Inc. Update and Financial Statements for Year Ended December 31, 2023
As of December 31, 2023, the Company had unrestricted cash of $2,536,509, as compared to $10,958,353 of unrestricted cash as of December 31, 2022.
- As of December 31, 2023, the Company had unrestricted cash of $2,536,509, as compared to $10,958,353 of unrestricted cash as of December 31, 2022.
- The Company’s primary sources of cash flow consisted of interest earned on equipment finance contracts held by its principal business, Centra Funding, LLC (“Centra”).
- Included in this press release are the audited consolidated balance sheets, statements of operations, and statements of cash flows of CV Holdings, Inc. and its subsidiary entities as of and for the years ended December 31, 2023 and December 31, 2022.
- This increase in operating income was offset, however, by a substantial increase in Centra’s cost of funds, reflected in interest on debt.