Tlou Energy Ltd. ( (AU:TOU) ) has issued an update.
Tlou Energy Ltd.’s quarterly cash flow report reveals a challenging operational quarter ending December 31, 2024. The company encountered a net cash outflow of $596,000 from operating activities, primarily due to exploration, staff, and administrative costs. The investing activities resulted in a net cash outflow of $1,292,000, mainly for exploration and evaluation. However, the company showed resilience in financing activities with a net cash inflow of $1,414,000, primarily from borrowings, indicating a strategic approach to manage liquidity and fund its exploration activities.
More about Tlou Energy Ltd.
Tlou Energy Ltd. is a company operating in the oil and gas exploration industry. The company’s primary focus is on the exploration and evaluation of energy resources, with activities that include development and production processes.
Average Trading Volume: 1,500,720
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £10.31M
For detailed information about TOU stock, go to TipRanks’ Stock Analysis page.