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Zelira Therapeutics’ Financials: Borrowings Boost Cash Flow
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Zelira Therapeutics’ Financials: Borrowings Boost Cash Flow

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

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Zelira Therapeutics reported a net cash inflow of $586,000 for the quarter ending September 2024, driven primarily by $2,098,000 in proceeds from borrowings. However, the company faced significant cash outflows from operating activities amounting to $1,555,000, indicating a challenging financial quarter despite the influx from financing activities.

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

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