.August 22, 2024 03:13:03 AM

In the second quarter of 2024, Brand Engagement Network Inc. (NYSE:BEN) showcased strong cash generation capabilities with a net cash inflow of approximately $514.6 million from operating activities. This reflects the company’s ability to generate cash from core business operations, essential for growth and future initiatives. BEN also reported a net cash outflow of about $662.9 million in investing activities, indicating significant investments in growth and expansion. Additionally, the company experienced a positive cash flow from financing activities of approximately $139.1 million, reflecting active debt management and capital raising efforts. BEN’s financial outcomes highlight its operational efficiency and strategic financial management.