EVZ Limited (AU:EVZ) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
EVZ Limited reports a robust end to the fourth quarter of FY2024 with a net positive operating cash inflow of $2.2M, a cash balance of $8.3M, and a significant contract backlog worth approximately $65M. The company has maintained strong growth in its project portfolio, particularly in the Energy and Resources sector, where it is delivering the Viva Energy Strategic Storage project, scheduled for completion in the next fiscal year. EVZ is also exploring new business acquisition opportunities to further expand its market presence.
For further insights into AU:EVZ stock, check out TipRanks’ Stock Analysis page.