Butn Limited (AU:BTN) has released an update.
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Butn Limited has reported a net increase in cash and cash equivalents of $8.625 million for the current quarter ending June 30, 2024, as detailed in their latest quarterly cash flow report. The company’s cash flows from operating activities stood at $156,000, while financing activities generated $4.644 million, offsetting a minor cash outflow from investing activities. This financial performance indicates a robust year with a total cash increase of $14.634 million over the last twelve months, reflecting a positive outlook for the company’s financial health.
For further insights into AU:BTN stock, check out TipRanks’ Stock Analysis page.