bullish
Amaero International Ltd - No Surprises in Q3 Result, Focus on the UAE Greenlight
SUMMARY
- Amaero International Ltd (ASX:3DA) is a global specialist in metal additive manufacturing for the defence, aerospace, and other industrial sectors.
- The company has reported a Q3 operating cash loss of $3.33m which was in line with our expectations.
- The cash balance at the end of Q3 was $9.8m with an additional $2.05m in non-recurring cash payments has been received since the end of the quarter.
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