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Victor Group Holdings Ltd ( (AU:VIG) ) just unveiled an announcement.
Victor Group Holdings Limited reported its quarterly cash flow, highlighting a slight decrease in net cash from operating activities, with a deficit of $2,000 for the current quarter. The company experienced a net cash outflow in financing activities amounting to $367,000, primarily due to repayments of borrowings, despite receiving proceeds from new borrowings. Overall, the company saw a net increase in cash and cash equivalents by $842,000, indicating a stable financial position amidst operational challenges.
More about Victor Group Holdings Ltd
Victor Group Holdings Limited operates in the technology sector, focusing on providing innovative solutions and services. The company is engaged in research and development, product manufacturing, and offers a range of technology-driven services to its clients.
YTD Price Performance: 3.33%
Average Trading Volume: 18,151
Technical Sentiment Signal: Sell
Current Market Cap: A$40.44M
See more insights into VIG stock on TipRanks’ Stock Analysis page.