After witnessing a cash burn of $368k in the previous quarter, Cannabis-based pharmaceutical company Althea Group (ASX: AGH) has entered cash flow positivity from its operating activities in Q1 FY24, resulting in a net cash inflow of $35,000. This achievement can be attributed to the Company’s successful cost-cutting initiatives, which have begun to yield results.
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In April 2023, food and agriculture company Wide Open Agriculture (ASX: WOA) was suspended from the ASX after failing to prove its funding claims. What was supposed to be a nine-week hiatus has turned into a months-long suspension with no end in sight. However, that has not stopped the Company from pursuing commercial opportunities that
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As 3D printing grows, companies attempt to stand out with their iterations. In that vein, Perth-based industrial tech company Aurora Labs (ASX: A3D) has focused on developing faster and cheaper tech that can be used for big projects.
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While Australians may be cutting back their retail spending due to inflationary pressures, they have no qualms staying in and reaching for a cool bottle of orange juice, evidenced by a 23% increase in sales by The Original Juice Co (ASX: OJC).
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Specialised tech company Swift Networks (ASX: SW1) is expanding its market presence with recent agreements in the aged care and mining sectors, totalling $1.6 million.
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After securing the approval of shareholders, tech company NoviqTech (ASX: NVQ) has made its debut as an ASX-recognised name as part of its rebrand from TYMLEZ Group (ASX: TYM) to better reflect a new strategic direction that ties blockchain tech with sustainability tech. The rebranding is an expansion into the realm of carbon emissions reporting
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Just two months after it first floated on the ASX, ovarian cancer diagnostics company Cleo Diagnostics (ASX: COV).
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Solar security and visual artificial intelligence (AI) solutions company, Spectur (ASX: SP3), has locked in a financial commitment, receiving an advanced payment of $614k from Southern Cross Protection (SXP), representing the full amount of the contract.
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Detect and defeat: that’s the new DroneShield (ASX: DRO) rally cry as it launches the DroneSentry-X Mk2, or the DroneSentry-X.
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Free money. It’s great when you can get it, especially if said money happens to be $2.5 million, which is the situation Streamplay Studio (ASX: SP8) finds themselves in.
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