Spectur Limited (ASX:SP3) Reports Quarterly Cash Flow
Financial Performance Overview
Spectur Limited (ASX:SP3) has reported a net cash increase of $1,023,000 for the quarter ending 31 December 2024. The company recorded cash inflows from operating activities amounting to $2,531,000, leading to a total year-to-date cash flow from operations of $5,133,000. The net cash from operating activities for the current quarter was $287,000, compared to $34,000 in the previous six months.
Expenditure and Investments
In terms of cash outflows, Spectur Limited reported significant operational costs including staff expenses of $1,415,000 and administration costs totaling $212,000. Though the company invested $85,000 in property, plant, and equipment during the period, there were no cash flows from investments or significant disposals.
Financing Activities
Net cash used in financing activities was recorded at $356,000, which included repayments of borrowings amounting to $315,000. No dividends were paid out during this quarter.
Future Financial Position
As of 31 December 2024, Spectur Limited had cash and cash equivalents totaling $869,000, suggesting a solid buffer for future operational activities. The company continues to have various financing arrangements available, underpinning its operational funding strategy.
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