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Pentanet Ltd Posts $860k Operating Cash Inflow Amid $1.6m 5G Spectrum Investment

8:21am on Wednesday 22nd of January, 2025 AEDT Telecommunications
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Pentanet Ltd Posts $860k Operating Cash Inflow Amid $1.6m 5G Spectrum Investment

8:21am on Wednesday 22nd of January, 2025 AEDT
Key Points
  • Net cash inflow from operating activities of $860,000
  • Cash and cash equivalents increased to $2.22 million
  • Significant $1.6 million payment for 15-year 5G spectrum license
  • Total available funding of $9.19 million including unused financing facilities
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