Australian Bond Exchange Holdings Ltd. (AU:ABE) has released an update.
Australian Bond Exchange Holdings Ltd. has reported a positive quarter with $1.1 million in cash flows from operating activities and an 11% growth in both client numbers and portfolio sizes. Despite facing a net operating cash shortfall due to restructuring costs and prepayments, the company remains committed to making bonds more accessible to Australian investors. Funding efforts have been bolstered by securing $1.5 million through a Convertible Note issue, indicating strong investor support and a focus on efficient operations moving forward.
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