tiprankstipranks
Zelira Therapeutics Balances Cash Flow
Company Announcements

Zelira Therapeutics Balances Cash Flow

Zelira Therapeutics Ltd. (AU:ZLD) has released an update.

Zelira Therapeutics Limited reported a net decrease in cash from operating activities, totaling $1,183,000 for the current quarter and an accumulated deficit of $2,916,000 over the past nine months. Despite these operating losses, the company secured a net cash inflow from financing activities amounting to $1,231,000 this quarter, primarily through HOPE SPV funding. Overall, Zelira experienced a slight increase in cash and cash equivalents with a $65,000 rise for the quarter.

For further insights into AU:ZLD stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskZelira Therapeutics Gains Momentum with FDA
TipRanks Australian Auto-Generated NewsdeskZelira Therapeutics Boosts Capital with Chairman’s Loan
TipRanks Australian Auto-Generated NewsdeskZelira Therapeutics Advances with New Funding
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!