ECP Emerging Growth Limited (ASX:ECP) Quarterly Report Released
Quarterly Report Highlights
ECP Emerging Growth Limited (ASX: ECP) has released its Quarterly Report concerning the ECP Convertible Notes (ASX: ECPGA) for the quarter ended 31 December 2024. The Conversion Price into Ordinary Shares remains firmly unchanged at $1.43. The Loan-to-Value (LTV) Ratio has been confirmed at 23.23%, reflecting a stable financial position.
The total debt stands at $10,824,434, with cash and cash equivalents amounting to $1,173,162. The market value of all marketable securities held is reported at $41,543,783, underpinning the company’s robust financial health.
Compliance Confirmation
The report confirms that ECP Emerging Growth Limited has fully complied with the terms of the Notes, the Trust Deed, and the Corporations Act 2001 throughout the reporting period. No circumstances arose during the quarter that may jeopardise the issuer, its subsidiaries, or any security interests linked to the Notes.
Future Outlook
ECP Emerging Growth Limited continues to demonstrate clarity and adherence to regulations. The company expects to maintain this trajectory in the coming quarters, promoting further shareholder confidence.
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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