• Positive operating cash flow of $586k, marking significant improvement
• IaaS, SaaS & PaaS services contributed $1.57 million cash inflow
• E-learning and Cloud Education segment collected $1.05 million in trade receivables

Victor Group Holdings (ASX: VIG) has released its cash flow report for the June 2025 quarter, providing an update on the key areas of activity during the period. The company's IaaS, SaaS & PaaS services, operated through its subsidiary Shenghan in China, collected around $2.62 million in trade receivables and contributed $1.57 million in cash inflow. The software delivered includes data management and operating system solutions tailored for clients across various sectors. Compared to the previous quarter, the company recorded a positive operating cash flow of $586k, marking a significant improvement. Management expects operating cash flow to remain stable in the upcoming quarter. The company's E-learning and Cloud Education segment collected $1.05 million in trade receivables during the quarter, and has collaborated with several qualified and reliable E-learning providers focused on vocational training in IT and new media operations, supporting the promotion of its E-learning content in the market. Management believes there will be continued growth in this area, driven by the increasing demand for IT and AI-related vocational courses. The consolidated entities held cash and cash equivalents of $925k at the end of the quarter, and as the group has no external debt, management believes that external fundraising is not necessary for the current operations in China. However, a financial support confirmation has been provided by the major shareholder to safeguard the company against any potential default on debts or payables.

Management believes that the group's cash flow will remain stable in the next quarter.