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EP&T Global Reports Strong Financial Growth
Company Announcements

EP&T Global Reports Strong Financial Growth

EP&T Global Ltd. (AU:EPX) has released an update.

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EP&T Global Limited reports a 41% increase in Year-to-Date cash receipts compared to the previous year, reaching $3.3 million, with operating cash flow positive at $0.2 million despite a temporary setback in the March 2024 quarter. The company has completed a successful capital raising, securing net proceeds of $2.5 million designated for revenue growth investments, and maintains a cash reserve of $2.2 million. CFO Patrick Harsas remains optimistic about future cash receipts growth due to strong billing and ongoing cost management.

For further insights into AU:EPX stock, check out TipRanks’ Stock Analysis page.

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