VDM Group Limited (AU:VMG) has released an update.
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VDM Group Limited reported a net cash outflow from operating activities of $95,000 for the current quarter, with additional cash outflows from investing activities amounting to $10,000. Despite these outflows, the company maintains a cash reserve of $1.3 million, providing a cushion as it navigates its financial operations.
For further insights into AU:VMG stock, check out TipRanks’ Stock Analysis page.