• Net cash used in operating activities of $3.5 million in the current quarter
• $17.9 million in cash and cash equivalents at the end of the quarter
• Raised $20 million in equity financing during the quarter

Syntara Ltd has released its Quarterly Appendix 4C Cash Flow Report for the quarter ended 31 March 2025. The report shows that the company used $3.5 million in net cash from operating activities during the current quarter, primarily due to research and development costs, staff costs, and administration expenses. The company had $17.9 million in cash and cash equivalents at the end of the quarter, down from $18.1 million at the start of the quarter. This decrease in cash was offset by $2.6 million in proceeds from the issue of equity securities and $975,000 from the disposal of assets. For the year-to-date period of 9 months, the company has used $7.4 million in net cash from operating activities and generated $3.3 million from investing activities, resulting in a net increase of $18.5 million in cash and cash equivalents. The company made aggregate payments of $190,000 to related parties during the quarter, which included director fees and salaries. Syntara Ltd did not have any loan facilities or other financing arrangements in place at the end of the quarter.