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International Equities Corporation Limited (ASX:IEQ)

ALERT: Price-sensitive ASX Announcement for IEQ
Current share price for IEQ : $0.040 0 (0%)+
Announcement
Release
17 Apr 2026 4:30PM
Price at Release
$0.040
Full Release
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Summary
The Quarterly Cash Flow Report for International Equities Corporation Limited, covering the quarter ending 31 March 2026, shows that the company has been dealing with economic challenges such as high operating costs and weak tourism revenues. The report details cash flows from operating, investing, and financing activities, highlighting a net cash inflow from investing activities and a net decrease in cash from financing. Despite the challenges, the company maintained stable revenues from property leasing and management activities. The report also touches on related party transactions and financial obligations, including unsecured loans from related parties. Additionally, the report states that the company does not plan to raise funds from external sources in the near future and expects to sustain its operations with existing financial resources.
Key Points
  • Net cash from operating activities was slightly positive at $3,000 for the quarter.
  • Investing activities provided a net cash inflow of $223,000.
  • Financing activities resulted in a net cash outflow of $9,000.
  • The company has $1.213 million in cash and cash equivalents at the end of the quarter.
  • Related party transactions included loans and receivables with Renaissance Assets Pty Ltd.
  • Tourism revenue remains weak, impacting hotel operations.
  • Property leasing and management remain stable sources of revenue.
  • The company has no immediate plans to raise additional funds.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.