MyCelx Technologies (GB:MYX) has released an update.
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MyCelx Technologies Corporation has announced a shift in revenue recognition from Q4 2024 to Q1 2025 due to a delay in a significant Nigerian project’s milestone. Despite the postponement, the company assures no loss of revenue and minimal impact on the year-end cash balance, maintaining a positive project cash flow. Investors can expect the forthcoming Interim Results to provide further insights into the company’s progress.
For further insights into GB:MYX stock, check out TipRanks’ Stock Analysis page.
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