September 3, 2003

Skinvisible's Free Cash Flow Hits Four Year High

CashFlowNews.com reports that negative Free Cash Flow for Skinvisible, Inc. (OTC:SKVI) for its quarter ended June 30, 2003 was $(168,580), a 18.8% improvement over the year earlier same quarter when Skinvisible generated $(207,542) in negative Free Cash Flow. Skinvisible has generated eighteen consecutive quarters of negative Free Cash Flow. Free Cash Flow for the most recent quarter also reached a four year high.

For Skinvisible's twelve months ended June 30, 2003 Free Cash Flow was $(665,103), compared with $(766,123), a 13.2% improvement over the comparable year earlier twelve months. Free Cash Flow for the most recent twelve months also reached a three year high.

The shares of Skinvisible were recently trading at $0.14.

Free Cash Flow defined by CashFlowNews.com:

Free cash flow is defined as cash flow from operations or operating cash flow plus or minus capital expenditures. 'Capital Expenditures'is a line item, which can be found in the Cash Flow From Investments section of a company's Cash Flow Statement which is filed quarterly with the SEC.

CashFlowNews.com is the primary 'cash flow'news source for over 10,000 public companies, monitoring and reporting on EBITDA, Cash Flow from Operations (CFFO) and Free Cash Flow (FCF).

CashFlowNews also features cash flow related stories from other sources such as financial magazines, news letters and rating services, etc. For more information on how to subscribe to CashFlowNews.com call 941-351-3004 or e-mail marketnews@cashflownews.com.

Press Release Index

New Press Release Alerts:

Click here to join our mailing list.