Queste Reports $24K Operating Outflow, $3M Investing Inflow in April 2025
Queste Communications reported a strong cash inflow from investing activities in April 2025, driven by a $3 million receipt linked to the termination of an iron-ore royalty. The company ended the month with a robust cash position of over $4.1 million.
- Net operating cash outflow of $24,000 in April 2025
- Investing inflow of $3 million from iron-ore royalty termination
- Ending cash and equivalents at $4.15 million
- Unused financing facilities of $104,000 available
- Loan facility of $400,000 with controlled entity Orion Equities
April Cash Flow Highlights
Queste Communications Ltd has released its monthly cash flow report for April 2025, revealing a mixed but overall positive liquidity picture. The company recorded a modest net cash outflow of $24,000 from operating activities, reflecting ongoing expenses including staff costs and administration. However, this was more than offset by a significant $3 million cash inflow from investing activities, attributed to consideration received by its controlled entity, Orion Equities Limited, following the termination of an iron-ore royalty.
Strong Cash Position Maintained
As a result of these movements, Queste Communications ended April with cash and cash equivalents totaling approximately $4.15 million. This healthy cash reserve provides the company with a solid buffer to support its ongoing operations and strategic initiatives. Additionally, the company has access to unused financing facilities of $104,000, further enhancing its liquidity flexibility.
Financing and Investment Structure
The report also highlights a loan facility arrangement between Queste and Orion Equities, allowing Orion to advance up to $400,000 to Queste. This unsecured loan, accruing interest at 10% per annum and maturing at the end of 2025, underscores the close financial relationship between the entities. Queste’s portfolio includes significant listed investments, notably a 59.9% stake in Orion Equities and holdings in Bentley Capital Limited, which are considered liquid assets to supplement cash reserves.
Operational Outlook and Funding
Despite the slight operating cash outflow, the company’s overall funding position remains strong, with positive net operating cash flows year-to-date and sufficient liquidity to meet near-term obligations. The report confirms that Queste does not currently anticipate the need for additional capital raising, supported by its cash reserves and financing facilities. Investors will be watching how the company leverages its cash position and investment portfolio to drive future growth.
Bottom Line?
Queste’s April cash flow report signals solid liquidity bolstered by a one-off investing inflow, setting the stage for strategic moves ahead.
Questions in the middle?
- How will Queste deploy the $3 million received from the iron-ore royalty termination?
- What impact will the loan facility with Orion Equities have on future financing costs?
- Can Queste sustain positive operating cash flows amid ongoing expenses?
