A1 Investments & Resources Ltd (AU:AYI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
A1 Investments & Resources Ltd reported a decrease in cash from operating activities, with outflows of $142,000 this quarter, and a year-to-date deficit of $735,000, primarily due to staff and administration costs. The company experienced a modest net cash outflow of $5,000 from investing activities but saw a slight increase in cash inflows from financing activities at $11,000. Overall, there was a net increase in cash and cash equivalents of $787,000 for the period.
For further insights into AU:AYI stock, check out TipRanks’ Stock Analysis page.