ActivEX Limited (AU:AIV) has released an update.
ActivEX Limited, a mining and oil & gas exploration entity, has reported a net decrease in cash and cash equivalents for the quarter ended March 31, 2024, with operating activities experiencing a cash outflow of $168,000 and total outflows of $505,000 in the past nine months. Conversely, the company saw a cash inflow from investing activities of $95,000 for the quarter, despite a cumulative outflow of $57,000 for the year to date. These figures highlight the company’s financial movements and are critical for investors monitoring ActivEX’s cash flow health.
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