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EVZ Limited ( (AU:EVZ) ) just unveiled an update.
EVZ Limited reported a net positive operating cash inflow of $3.2 million for the second quarter of FY25, with a cash balance of $10.8 million and no debt. The company secured new contracts worth approximately $28 million, including projects for United Petroleum and Eneabba Rare Earths. These developments, alongside a robust contract backlog of $110 million, position EVZ favorably for future growth. The company is actively seeking new acquisition opportunities to bolster its presence in its target markets.
More about EVZ Limited
EVZ Limited operates in the Energy and Resources sector and the Building Products sector, focusing on engineering and construction services. The company aims to expand its market share by exploring business acquisition opportunities and securing contracts in these sectors.
YTD Price Performance: 9.38%
Average Trading Volume: 33,500
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$21.24M
For an in-depth examination of EVZ stock, go to TipRanks’ Stock Analysis page.