Brief: Ikegps Group Expects To Fully Recover All About $3.2M Deposits Held With Silicon Valley Bank

Ikegps

13/03/2023 24:35

March 13 (Reuters) - Ikegps Group Ltd  IKE.NZ :
    * EXPECTS WILL FULLY RECOVER ALL ABOUT US$3.2M DEPOSITS HELD
WITH
SILICON VALLEY BANK
    * MAINTAINS BALANCE SHEET POSITION OF ABOUT NZ$19.6M
    * NOTES HIGH REVENUE GROWTH AND OPERATING CASH FLOW POSITIVE
NATURE OF ITS U.S. OPERATION THROUGH FY23
    * EXPECTS NO IMPACT TO CASH POSITION


Further company coverage:  IKE.NZ 

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