Aumake Boosts Finances for Growth and Profitability
Company Announcements

Aumake Boosts Finances for Growth and Profitability

AuMake Ltd. (AU:AUK) has released an update.

Aumake Limited has announced a successful $2.8 million funding round and a $1 million debt-to-equity conversion to bolster its balance sheet and aid in achieving profitability by FY25. The strategic investment will also support Aumake’s $300 million procurement framework with Yangtze River and its digital marketing assistant Streamii, positioning the company for robust growth with over $4 million in cash on hand.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App