Queste Communications Ltd (ASX:QUE) Releases Monthly Cash Flow Report
Financial Performance
Queste Communications reported a net cash used in operating activities of $238,000 for the current month. The company’s cash and cash equivalents stood at $4.224 million at the end of the period.
Investing Activities
Investing activities resulted in a net cash inflow of $3 million for the current month.
Financing Activities
The company has total financing facilities of $400,000, with $276,000 drawn as of the month end.
Investments
Queste Communications holds investments in Orion Equities Limited with a 59.9% interest and Bentley Capital Limited with a 1.6% interest, valued at $1.242 million.
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