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Victor Group Holdings Ltd ( (AU:VIG) ) has issued an announcement.
Victor Group Holdings Limited has released its quarterly cash flow report, indicating a net cash outflow from operating activities amounting to $523,000. Despite this, the company reported a net cash inflow of $168,000 from financing activities, primarily due to proceeds from borrowings. This financial maneuvering led to an overall increase in cash and cash equivalents by $925,000 for the period, reflecting a strategic approach to managing its cash reserves amidst operational challenges.
More about Victor Group Holdings Ltd
Victor Group Holdings Limited operates in the technology sector, focusing on providing digital solutions and services. The company is involved in research and development, product manufacturing, and offers a range of technology-driven services.
Average Trading Volume: 55,177
Technical Sentiment Signal: Sell
Current Market Cap: A$30.75M
For detailed information about VIG stock, go to TipRanks’ Stock Analysis page.