Key points
- Positive net cash from operating activities of $253k in Q4 2024
- Cash and cash equivalents of $16.8M at quarter end
- Loan facilities of $81.3M, fully drawn
Full summary
Butn Ltd, an ASX-listed company, has released its Appendix 4C quarterly cash flow report for the period ended 31 December 2024. The report shows that the company had positive net cash from operating activities of $253,000 in the current quarter and $552,000 year-to-date. The company's cash and cash equivalents stood at $16.8 million at the end of the quarter, up from $15.3 million in the previous quarter. Butn's total financing facilities amounted to $81.3 million, which were fully drawn at the end of the quarter. The financing facilities comprise corporate bonds across two special purpose vehicles, with maturities in 2025 and 2026 and interest rates ranging from 7.00% to 10.25%. The company did not report any unused financing facilities at the end of the quarter.