bullish
Amaero International Ltd - Q4 Cashflow Summary Confirms Strong Costs Stewardship
SUMMARY
- Amaero International Ltd (ASX:3DA) is a global specialist in titanium and specialty alloy powder production and advanced manufacturing for the defence, aerospace, and other industrial sectors.
- The company has reported Q4 operating cash outflow of $0.855m, well down on that reported in the previous three quarters of FY24 and the lowest quarterly cash outflow since Q4 FY20.
- The result was driven by a tight rein on cash operating costs and $1.32m in government grants and tax incentives which offset $0.026m in restructuring costs and the cost of Project Falcon in the United Arab Emirates.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Research as a Service (RaaS)
Insightful Financial Models and Research Analysis
Price Chart(Sign Up to Access)
- Amaero International Ltd - Q4 Cashflow Summary Confirms Strong Costs Stewardship31 Jul 2023
x