Medlab Clinical Limited (ASX:MDC) Announces Q2 2025 Business Update
Business Update
Medlab Clinical Limited is in ongoing discussions to acquire a business. AGMs for 2023 and 2024 are planned to be held in person in Perth on 13 February 2025. The company’s ASX removal date is set for 28 February 2025. Future updates will be provided as progress is made.
Key Financial Highlights
In Q2 2025, Medlab reported no cash receipts and a closing cash balance of $5K. Expenditures for the quarter amounted to $10K, covering corporate expenses such as finance, legal, and compliance.
Related Party Transactions
During the quarter, the company paid $6K in director fees to related parties and their associates.
Motley Fool contributor Lianne Eastty 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.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.