Growth Metrics

Omnitek Engineering (OMTK) Beginning Cash Balance (2021 - 2023)

Historic Beginning Cash Balance for Omnitek Engineering (OMTK) over the last 3 years, with Q2 2023 value amounting to -$2916.0.

  • Omnitek Engineering's Beginning Cash Balance fell 816.02% to -$2916.0 in Q2 2023 from the same period last year, while for Sep 2023 it was -$8236.0, marking a year-over-year decrease of 17577.51%. This contributed to the annual value of $6410.0 for FY2021, which is N/A changed from last year.
  • Latest data reveals that Omnitek Engineering reported Beginning Cash Balance of -$2916.0 as of Q2 2023, which was down 816.02% from $2916.0 recorded in Q1 2023.
  • In the past 5 years, Omnitek Engineering's Beginning Cash Balance registered a high of $8236.0 during Q3 2022, and its lowest value of -$8236.0 during Q4 2022.
  • Moreover, its 3-year median value for Beginning Cash Balance was $2633.0 (2021), whereas its average is $376.14.
  • Per our database at Business Quant, Omnitek Engineering's Beginning Cash Balance plummeted by 41279.91% in 2022 and then skyrocketed by 816.02% in 2023.
  • Quarter analysis of 3 years shows Omnitek Engineering's Beginning Cash Balance stood at $2633.0 in 2021, then tumbled by 412.8% to -$8236.0 in 2022, then surged by 64.59% to -$2916.0 in 2023.
  • Its last three reported values are -$2916.0 in Q2 2023, $2916.0 for Q1 2023, and -$8236.0 during Q4 2022.