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Echo IQ Limited Reports Strong Cash Position and Concentrated Shareholder Structure

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Echo IQ Limited Reports Strong Cash Position and Concentrated Shareholder Structure

EchoIQ Limited ( (AU:EIQ) ) has issued an update.

In its quarterly report for the period ending December 31, 2024, Echo IQ Limited announced a cash balance of $5.35 million, reflecting its financial health and operational stability. The company’s shareholder structure includes 3,194 shareholders, with the top 20 holding 43.30% of the shares, indicating a concentrated ownership that could influence strategic decisions.

More about EchoIQ Limited

Echo IQ Limited operates in the healthcare technology industry, focusing on enhancing decision-making processes in cardiology through AI-driven technology and proprietary software.

YTD Price Performance: 4.35%

Average Trading Volume: 1,711,224

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$141.2M

For detailed information about EIQ stock, go to TipRanks’ Stock Analysis page.

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