Multistack International Limited (AU:MSI) has released an update.
Multistack International Limited reported a decrease in cash flow from operating activities, with a net loss of $418,087 over the last six months, according to their latest quarterly cash flow report. Despite this, the company has seen a net increase in cash and cash equivalents of $646,816 for the same period, bolstered by significant proceeds from borrowings amounting to $995,101. No dividends were paid, and there was no cash flow from investing activities, indicating a focus on internal financing and operational adjustments.
For further insights into AU:MSI stock, check out TipRanks’ Stock Analysis page.