DW8 Ltd (AU:KDY) has released an update.
In its latest quarterly report, DW8 Ltd revealed a net increase in cash and cash equivalents, with significant cash inflows from operating activities offset by outflows from financing activities. Despite some payments for operational expenses like research, development, and staff costs, the company managed a solid financial performance. Notably, this quarter saw the company navigating through financial maneuvers without resorting to increased borrowing or equity issuance.
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