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De.mem Ltd. ( (AU:DEM) ) has provided an update.
De.mem Limited has successfully closed a $500,000 shareholder loan facility to finance its acquisition of Core Chemicals Pty Ltd. This marks a strategic milestone as it is the first time De.mem has secured debt finance, made possible by its transition to positive operating cashflows and EBITDA in 2025. The loan, provided by the company’s Chairman and CFO, will support the expansion of Core Chemicals, which has already exceeded revenue expectations since its acquisition. This move is expected to bolster De.mem’s growth without equity dilution and enhance its market positioning in the booming gold mining industry.
The most recent analyst rating on (AU:DEM) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on De.mem Ltd. stock, see the AU:DEM Stock Forecast page.
More about De.mem Ltd.
De.mem Limited is a decentralized water and wastewater treatment business that designs, builds, owns, and operates turnkey systems for industries such as mining, electronics, chemical, oil & gas, and food & beverage. The company also provides clean drinking water solutions for municipalities, residential developments, and hotels/resorts across the Asia Pacific. Headquartered in Australia, De.mem has international locations in Singapore and Germany and is known for its advanced membrane technologies.
Average Trading Volume: 290,866
Technical Sentiment Signal: Sell
Current Market Cap: A$35.55M
For an in-depth examination of DEM stock, go to TipRanks’ Overview page.