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Openn Negotiation Limited ( (AU:OPN) ) has provided an update.
Openn Negotiation Limited has released its quarterly cash flow report, indicating a net cash outflow from operating activities of $72,000 for the current quarter and $424,000 for the year to date. Despite these operational cash outflows, the company reported a net cash inflow from financing activities of $75,000 for the quarter, contributing to an overall increase in cash and cash equivalents by $6,000. This financial update highlights the company’s ongoing efforts to manage its cash flow and sustain its operations, which is crucial for its positioning in the competitive real estate technology market.
More about Openn Negotiation Limited
Openn Negotiation Limited operates in the real estate industry, providing a digital platform for property sales. The company’s primary service is facilitating transparent and competitive property negotiations, focusing on enhancing the real estate transaction process.
Technical Sentiment Signal: Sell
See more insights into OPN stock on TipRanks’ Stock Analysis page.