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Sovereign Cloud Holdings Ltd. ( (AU:CYB) ) just unveiled an update.
AUCyber Limited, a company listed on the ASX, has reported its Q4 FY25 activity and cash flow results, highlighting a period of strategic realignment and capital management. The company experienced a decline in customer receipts to $5.48 million due to strategic decisions to exit non-profitable contracts and stabilize operations after client churn. Despite this, a successful capital raise of $2.7 million has strengthened its balance sheet, leaving the company with a cash position of $3.94 million and no debt. Year-to-date, AUCyber achieved $30.4 million in customer receipts, with operating costs reduced through cost-containment strategies. The company aims to improve cash generation through customer retention and cost discipline, supported by its solid cash position.
More about Sovereign Cloud Holdings Ltd.
Average Trading Volume: 70,659
Technical Sentiment Signal: Sell
Current Market Cap: A$16.91M
See more data about CYB stock on TipRanks’ Stock Analysis page.