Spectur Ltd. (AU:SP3) has released an update.
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Spectur Limited reported mixed financial results in their latest quarterly cash flow report, with operating activities generating $2.34 million for the quarter but resulting in a net cash decrease of $337,000 due to significant expenses in staff costs and product manufacturing. Cash flows from investing activities saw a modest outflow, while financing activities provided a boost with $696,000 in equity securities proceeds, contributing to a net increase in cash and cash equivalents of $754,000 for the period.
For further insights into AU:SP3 stock, check out TipRanks’ Stock Analysis page.