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AVADA Group Strengthens Cash Flow Despite Infrastructure Funding Delays
9:22am on Wednesday 29th of January, 2025 AEDT
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Infrastructure
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AVADA Group Strengthens Cash Flow Despite Infrastructure Funding Delays
9:22am on Wednesday 29th of January, 2025 AEDT
Key Points
Positive net operating cash flow of $1.77 million in Q4 2024
Cash and equivalents stand at $4.15 million with $7.64 million unused financing
Consolidation of 11 Australian businesses under AVADA Traffic brand
Government funding redirection delays infrastructure projects to H2 FY25
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