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The latest update is out from Cycliq Group Ltd ( (AU:CYQ) ).
Cycliq Group Ltd reported a positive cash flow from operating activities for the quarter ending December 2024, with net cash inflows of $964,000. The company saw an increase in cash and cash equivalents at the end of the quarter, totaling $1.122 million, indicating improved liquidity and financial positioning, despite a minor decrease due to financing activities.
More about Cycliq Group Ltd
Cycliq Group Ltd operates in the technology sector, focusing on developing and manufacturing innovative cycling accessories such as integrated bike cameras and lights. The company caters primarily to the cycling market, aiming to enhance safety and security for cyclists worldwide.
Current Market Cap: A$2.3M
See more insights into CYQ stock on TipRanks’ Stock Analysis page.
