middle.news

Papyrus Australia Navigates May with $39k Operating Outflow, 16-Month Cash Runway

3:01pm on Friday 27th of June, 2025 AEST Materials
Read Story

Papyrus Australia Navigates May with $39k Operating Outflow, 16-Month Cash Runway

3:01pm on Friday 27th of June, 2025 AEST
Key Points
  • Net operating cash outflow of $39k in May 2025
  • Cash and equivalents at $379k, including restricted funds in Egypt
  • Unused loan facilities of $250k available
  • R&D loan facility of $369k with Radium Capital supporting innovation
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Papyrus Australia (ASX:PPY)
OPEN ARTICLE