Brief: Urbanise.Com Sees A$2.4 Million Improvement In Cash Flows Over Next 12 Months

Urbanise com

04/10/2023 23:43

Oct 5 (Reuters) - Urbanise com Ltd  UBN.AX :
    * EXPECTS TO DELIVER A A$2.4M IMPROVEMENT IN CASH FLOWS OVER
NEXT
12 MONTHS
    * CORE DEVELOPMENT TEAM REMAINS INTACT
    * ON OCT 4, IMPLEMENTED HEADCOUNT SAVINGS THAT WILL DELIVER
CASH
FLOW IMPROVEMENTS OF A$1.1M ON AN ANNUAL BASIS
    * HAS REDUCED ITS NON-CORE DEVELOPMENT HEADCOUNT
REQUIREMENTS
    * WILL CONTINUE TO WORK TOWARDS ACHIEVING CASH FLOW
SUSTAINABILITY
IN FY2025

Source text for Eikon:  ID:nASX4J05yd 
Further company coverage:  UBN.AX 

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