Audeara Ltd. (AU:AUA) has released an update.
Audeara Ltd. has reported a record-breaking quarter with $1.12 million in cash receipts and its first-ever positive net operating cash flow, marking substantial financial progress. The company’s success is driven by a significant $2.1 million purchase order from a major global musical instrument manufacturer, reinforcing Audeara’s global expansion strategy. With a solid cash position, Audeara is poised for further growth initiatives in 2024.
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