AuMake Ltd. (AU:AUK) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Aumake Limited has announced a successful $2.8 million funding round and a $1 million debt-to-equity conversion to bolster its balance sheet and aid in achieving profitability by FY25. The strategic investment will also support Aumake’s $300 million procurement framework with Yangtze River and its digital marketing assistant Streamii, positioning the company for robust growth with over $4 million in cash on hand.
For further insights into AU:AUK stock, check out TipRanks’ Stock Analysis page.