333D Limited (ASX:T3D) Reports Quarterly Cash Flow and Activities
Quarterly Financial Performance
333D Limited (ASX:T3D) has released its cash flow report for the quarter ending 31 December 2024, showing significant progress in revenue generation. The company reported cash receipts from digital asset management contracts amounting to $263,275, representing a 31% increase compared to the previous quarter.
Despite a net operating cash outflow of $24,121 for the quarter, the company successfully generated over $450,000 in revenue from two new contracts announced during the past six months with healthcare providers.
Expenditure Breakdown
Total expenditure for the quarter reached approximately $287,396, with notable allocations for product manufacturing and operating costs of $117,333, staff costs of $27,518, and administration and corporate costs of $142,545. In addition, the company managed to repay unsecured director loans totalling $50,000 during the quarter.
Payments to related parties amounted to $28,060, primarily for reimbursement of expenses incurred on behalf of the company.
Future Outlook
333D Limited remains committed to leveraging new technologies in digital capture and creation, aiming to expand its market presence in 3D printing and digital asset management. The remaining cash at the end of the quarter sits at $52,334, providing the company with a runway for future operational activities.
Dr. Nigel Finch, Director of 333D Limited, indicated that the company is poised to explore further opportunities in its sector as it continues to establish significant contracts.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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