Company News Summary
Betmakers Technology Group Reports Negative Cash Flow of $12.19m for the September 2021 Quarter
10 Jan 2022 | 15:12:00 | Associate analysts | Increase | Decrease |
Original announcement: Quarterly Activities Report and Appendix 4C
Betmakers Technology Group reported negative cash flow of $12.19m for quarter ended 30 September 2021. Operating cash flow for the period was $(1.49m). Investing cash flow was $(11m). Financing cash flow was $303,000. Cash in hand at the end of the quarter was $108.79m. During the quarter, the Company announced the completion of the Sportech asset acquisition on the 18 June 2021 (Q1 FY22 reflected a full quarter of ownership).
Consolidated Statement of Cash Flow for the Quarter ended 30 September 2021
Current Quarter $A'000- 30 September 2021 | Year to Date $A'000-3 Months | |
Net Operating Cash Flows | (1,494) | (1,494) |
Net Investing Cash Flows | (11,000) | (11,000) |
Total Operating and Investing Cash Flows | (12,494) | (12,494) |
Net Financing Cash Flows | 303 | 303 |
Net Increase (Decrease) in Cash Held | (12,191) | (12,191) |
Cash at Beginning of Quarter/Year to Date | 120,611 | 120,611 |
Cash at End of Quarter | 108,786 | 108,786 |
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