Wrkr Ltd (AU:WRK) has released an update.
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Wrkr Ltd reported a significant 84% improvement in net operating cash flow in Q1 FY25, bolstered by a successful $7.811 million capital raise to enhance its financial stability and invest in strategic growth areas. The company also saw a 26% rise in cash receipts from customers, reflecting strong market confidence. Wrkr continues to focus on expanding its capabilities with key hires and expects further investments to capitalize on upcoming opportunities.
For further insights into AU:WRK stock, check out TipRanks’ Stock Analysis page.