tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Yowie Group Secures $1M Funding to Address Cash Flow Needs

Story Highlights
  • Yowie Group has secured a $1 million funding facility for short-term cash flow needs.
  • The funding is from Keybridge and includes varying interest rates based on repayment timing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yowie Group Secures $1M Funding to Address Cash Flow Needs

Elevate Your Investing Strategy:

Yowie Group ( (AU:YOW) ) has provided an update.

Yowie Group Ltd, listed on the ASX under the ticker YOW, has announced updated funding arrangements to address its short-term cash flow needs. The company has secured a funding facility of up to AUD $1 million from its parent entity, Keybridge Capital Limited, to support its working capital requirements until 30 September 2025. This move comes as Yowie Group conducts an internal review of fund usage by former directors and previous intra-group loan arrangements. The facility is structured with commercial terms, and interest rates are set to vary depending on the repayment timeline, with a higher rate applied if the facility extends beyond the intended repayment date.

More about Yowie Group

YTD Price Performance: -44.00%

Technical Sentiment Signal: Sell

Current Market Cap: A$3.21M

See more insights into YOW stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1