Queste Communications Reports Positive Cash Flow

Queste Communications Ltd (AU:QUE) has released an update.

Queste Communications Ltd reported a net increase in cash and cash equivalents for the period ending September 2024, despite a year-to-date net cash use in operating activities. The consolidated cash flow statement reflects the company’s financial activities including staff and administration costs and a significant cash inflow from investing activities. The company, with a majority stake in Orion Equities Limited, has shown resilience with its end-of-period cash and cash equivalents standing at $4,251,000.

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