Australian Bond Exchange Holdings Ltd. (AU:ABE) 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
Australian Bond Exchange Holdings Ltd. reported a significant milestone with cash flows from operating activities surpassing $1 million for the quarter. The company introduced the XEROX AUD denominated market-linked security, boosting its innovative product offerings, and saw client holdings exceed $300 million despite reduced marketing spend. ABE is focused on expanding its client base and moving towards profitability, supported by new funding through unsecured convertible notes.
For further insights into AU:ABE stock, check out TipRanks’ Stock Analysis page.