Papyrus Australia Ltd (AU:PPY) has released an update.
Papyrus Australia Ltd’s quarterly cash flow report indicates a net increase in cash and cash equivalents of $424,000 for the past nine months, despite a net cash use in operating activities totaling $241,000. The company has managed to offset its operational cash outflows with positive cash flows from financing activities, summing up to $183,000, and a modest net cash from investing activities.
For further insights into AU:PPY stock, check out TipRanks’ Stock Analysis page.
