Babylon Expects Positive Cash Flow in Fiscal Year 2025, Beyond

MT Newswires Live

04/22

Babylon Pump & Power (ASX:BPP) expects positive cash flow for the current fiscal year and beyond, following a quarter that saw operating cash flow of negative AU$800,000, according to a Tuesday filing with the Australian bourse.

The negative operating cash flow for the quarter was driven by working capital needs in the maintenance segment, with a quiet January and February, followed by a strong invoicing month in March, the filing said.

The company expects its rental segment to drive steady business performance, with several new project wins in the quarter contributing to growth.

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Power (ASX:BPP) expects positive cash flow for the current fiscal year and beyond, following a quarter that saw operating cash flow of negative AU$800,000, according to a Tuesday filing with the Australian bourse.</p><p>The negative operating cash flow for the quarter was driven by working capital needs in the maintenance segment, with a quiet January and February, followed by a strong invoicing month in March, the filing said.</p><p>The company expects its rental segment to drive steady business performance, with several new project wins in the quarter contributing to growth.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4178","symbol_name":"家庭裝飾零售","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2529101353","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529101353","pubTimestamp":1745305441,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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