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Metal Bank Limited Navigates Q4 2024 with $1.2M Cash Reserves Amid Operating Outflows

9:17am on Friday 31st of January, 2025 AEDT Mining
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Metal Bank Limited Navigates Q4 2024 with $1.2M Cash Reserves Amid Operating Outflows

9:17am on Friday 31st of January, 2025 AEDT
Key Points
  • Net operating cash outflow of $161,000 for Q4 2024
  • Investing activities consumed $427,000, primarily on property, plant, and equipment
  • Financing activities generated $1.48 million, bolstering cash position
  • Cash and cash equivalents ended at $1.19 million
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