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Multistack Navigates Cash Outflows with Strong Reserves and Strategic Loans
9:45am on Friday 24th of January, 2025 AEDT
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Manufacturing
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Multistack Navigates Cash Outflows with Strong Reserves and Strategic Loans
9:45am on Friday 24th of January, 2025 AEDT
Key Points
Net operating cash outflow of $72,916 for the quarter
Cash reserves increased slightly to $975,608 at quarter end
Secured loans totaling over A$5.3 million from related parties
Acquisition of Verdicorp assets supported by related-party financing
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Multistack International (ASX:MSI)
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