Gullewa Limited Shows Strong Cash Position Amid Challenges

Gullewa Limited (AU:GUL) has released an update.

Gullewa Limited’s latest cash flow report reveals a positive cash position from operating activities, bringing in $646,000, despite facing a net cash outflow in investing and financing activities. The company managed to maintain a healthy cash balance at the end of the quarter, amounting to over $8.5 million. This financial update highlights Gullewa’s ability to generate revenue while managing its investments and financing strategically.

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