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Develop Global Limited ( (AU:DVP) ) has shared an announcement.
Develop Global Limited reported a net cash inflow from operating activities of $8.6 million for the quarter ending March 31, 2025, driven by significant receipts from customers. However, the company experienced a net cash outflow in investing activities amounting to $20.1 million, primarily due to substantial payments for property, plant, and equipment. The financing activities resulted in a net cash outflow of $6.5 million, influenced by repayments of borrowings. This financial update reflects the company’s ongoing capital investments and financial strategies to support its operational growth and market positioning.
More about Develop Global Limited
Develop Global Limited operates in the mining exploration and oil and gas exploration sectors, focusing on the development and production of natural resources.
YTD Price Performance: 4.09%
Average Trading Volume: 3,236
Technical Sentiment Signal: Hold
Current Market Cap: $471.8M
Learn more about DVP stock on TipRanks’ Stock Analysis page.
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