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Close the Loop Boosts Growth Outlook with New CEO and $30M Cash Reserve

8:30am on Monday 23rd of June, 2025 AEST Circular Economy / Environmental Services
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Close the Loop Boosts Growth Outlook with New CEO and $30M Cash Reserve

8:30am on Monday 23rd of June, 2025 AEST
Key Points
  • Cash on hand surpasses A$30 million as of June 30, 2025
  • US$38 million bank debt maintained with strong working capital
  • Matthew Zimmer appointed CEO of North American refurbishment and ITAD operations
  • Mexico facility ramping up, expected fully operational in H1 FY26
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