Spectur posts negative operating cash flow but maintains cash buffer

Spectur Ltd. ( (AU:SP3) ) has issued an announcement.

Spectur Limited reported customer receipts of A$1.79 million for the March quarter and A$5.90 million year to date, but remained cash-flow negative from operations, recording an operating outflow of A$290,000 for the quarter. Continued spending on staff, manufacturing, and marketing alongside R&D was partially offset by A$547,000 in government R&D incentives.

Net cash used in investing activities reached A$144,000 in the quarter, mainly for property, plant and equipment, while financing cash flows were a net outflow of A$240,000 after debt and lease repayments following earlier equity raisings. The company ended the quarter with cash and cash equivalents of A$2.45 million, or A$1.08 million above the level nine months earlier, providing some liquidity buffer despite ongoing operational cash burn.

More about Spectur Ltd.

Spectur Limited is an Australian-listed technology company that generates revenue from customer receipts, indicating an operating focus likely tied to hardware, services or solutions deployments. The company invests in research and development and property, plant and equipment, suggesting a product- and infrastructure-based business model with ongoing capital requirements.

Average Trading Volume: 586,915

Technical Sentiment Signal: Sell

Current Market Cap: A$7.47M

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