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How Will Openn Negotiation Navigate Its Tight Cash Flow Crunch?

7:01am on Thursday 31st of July, 2025 AEST Technology
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How Will Openn Negotiation Navigate Its Tight Cash Flow Crunch?

7:01am on Thursday 31st of July, 2025 AEST
Key Points
  • Net operating cash outflow of $245k for March quarter
  • Financing activities provided $211k, mainly from shareholder loans
  • Cash reserves dwindled to $6k at quarter end
  • One-off $175k payment related to exit from administration
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