Water Intelligence (GB:WATR) has released an update.
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Water Intelligence plc has refinanced its existing debt and expanded credit facilities, strengthening its financial flexibility for strategic growth. The company has secured a $3 million acquisition line of credit and a $2 million working capital line, as it continues to pursue a ‘Build and Buy’ growth plan focusing on organic growth, acquisitions, and shareholder returns. With a robust balance sheet and significant cash flow, Water Intelligence is poised to capitalize on opportunities in water infrastructure services.
For further insights into GB:WATR stock, check out TipRanks’ Stock Analysis page.