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FBR Secures A$6.3M R&D Rebate, Boosting Cash Reserves Amid US Program Completion

7:03pm on Monday 2nd of June, 2025 AEST Technology
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FBR Secures A$6.3M R&D Rebate, Boosting Cash Reserves Amid US Program Completion

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • FBR obtains A$6.3 million R&D tax incentive cash rebate for FY2024
  • Repays A$4.3 million drawn from R&D revolving tax loan facility with FC Capital
  • Retains A$2.0 million cash from rebate for operational flexibility
  • Receives final US$400,000 tranche from CRH Ventures post US Demonstration Program
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