Global Health’s Cash Flow Soars in June Quarter

Global Health Limited (AU:GLH) has released an update.

Global Health Limited has reported a significant increase in operating cash flow, up by 666% to $419K for the June quarter, marking a striking improvement in their financial performance. This surge has contributed to a 188% boost in group free cash flow, yielding a positive balance of $339K. The company’s closing cash balance stood at $2.066M, with half-year operations returning to profitability and R&D costs fully expensed.

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