Quarterly Cash Flow Report 31 March 2025

Key points

• Net cash used in operating activities of $3.27M
• $1.25M paid in advisory fees on receipt of Tranche 1 proceeds
• $207.17M net cash used in financing activities, including $189.93M in dividends paid and $17.22M in capital distribution

Full summary

Leo Lithium Ltd has released its Appendix 5B quarterly cash flow report for the period ended 31 March 2025. The company reported net cash used in operating activities of $3.27 million, with payments for staff costs of $4.70 million and administration and corporate costs of $0.96 million, offset by $2.39 million in interest received. In investing activities, the company paid $1.25 million in advisory fees related to the receipt of Tranche 1 proceeds. In financing activities, the company had $189.93 million in dividends paid and $17.22 million in capital distribution to shareholders, resulting in a net cash outflow of $207.17 million. The company ended the quarter with $57.62 million in cash and cash equivalents.