Nanoveu Ltd. (AU:NVU) has released an update.
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Nanoveu Ltd. reported a net cash outflow from operating activities of $911,000 for the quarter ending September 2024, primarily due to staff and administrative costs. Despite this, the company achieved a net increase in cash of $1,158,000, supported by financing activities that generated $2,016,000. Investors may find this a point of interest as the company navigates its financial position amidst operational expenses.
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