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Mighty Kingdom Cuts Costs, Boosts Cash Flow, and Raises $3.35M for Growth
6:23pm on Wednesday 30th of April, 2025 AEST
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Technology
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Mighty Kingdom Cuts Costs, Boosts Cash Flow, and Raises $3.35M for Growth
6:23pm on Wednesday 30th of April, 2025 AEST
Key Points
Positive operating cash inflow of $388K in Q3 FY25
Operating costs reduced by 17% compared to previous quarter
Received $2 million in government grants and tax incentives
Repaid $678K of debt following government rebates
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