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Saferoads Holdings Limited ( (AU:SRH) ) has shared an announcement.
Saferoads Holdings Limited reported a cash usage of $192k in operations for the quarter ending June 2025, primarily due to prepayments for securing product supplies. The company successfully settled the sale of its Road Safety Rentals assets, which allowed it to repay loans and pay a dividend of $4.371m. With over $3.5m in cash reserves post-dividend, Saferoads extended its Pakenham lease and secured significant product orders from On-Site Rentals and local governments. The appointment of a contract CFO and Company Secretary marks the end of interim arrangements during the asset sale process.
More about Saferoads Holdings Limited
Saferoads Holdings Limited operates in the road safety industry, providing products and services aimed at enhancing road safety. The company focuses on manufacturing and supplying road safety products, including portable pedestrian protection barriers, to various clients, including local governments and rental companies.
Average Trading Volume: 114,765
Technical Sentiment Signal: Buy
Current Market Cap: A$3.89M
Learn more about SRH stock on TipRanks’ Stock Analysis page.