Key points
- Net cash used in operating activities of US$257k
- Cash and cash equivalents of US$8.5m at quarter end
- Unused financing facilities of US$1.1m available
Full summary
Fluence Corporation Ltd has released its Appendix 4C Quarterly cash flow report for the quarter ended 31st March 2025. The company reported net cash used in operating activities of US$257k for the current quarter. Cash and cash equivalents at the end of the quarter stood at US$8.5m, down from US$8.9m in the previous quarter. The company has US$1.1m in unused financing facilities available. Key cash flow movements include receipts from customers of US$19.7m, payments for product manufacturing and operating costs of US$12m, staff costs of US$5.6m, and administration and corporate costs of US$1.8m. The company also made payments of US$293k for property, plant and equipment and repaid US$205k in financing activities. The company has loan facilities totaling US$21.1m, of which US$20.1m was drawn at the end of the quarter.