Orcoda Limited (AU:ODA) has released an update.
Orcoda Limited’s latest quarterly cash flow report reveals a challenging quarter with a net decrease in cash from operating, investing, and financing activities totaling $823,000. Despite this, the company has maintained a positive cash position year-to-date, with net cash from operating activities at $1,975,000 and an overall increase in cash and cash equivalents of $4,770,000. The report highlights expenditures in product manufacturing, staff costs, and repayments of borrowings as significant cash outflows for the period.
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