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Uscom Boosts Cash Reserves Amid China Expansion and Product Approvals
9:41am on Friday 31st of January, 2025 AEDT
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Medical Technology
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Uscom Boosts Cash Reserves Amid China Expansion and Product Approvals
9:41am on Friday 31st of January, 2025 AEDT
Key Points
Cash on hand rose 56% quarter-on-quarter to $2.17 million
Customer receipts increased 8% from prior quarter but down 20% year-on-year
Operating cash outflow of $0.13 million compared to prior inflow
New Chinese distributor SinoPharm appointed and regulatory approvals secured
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