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Metal Bank Limited (ASX:MBK)

ALERT: Price-sensitive ASX Announcement for MBK
Current share price for MBK : $0.012 0 (0%)+
Announcement
Release
29 Jul 2026 9:05AM
Price at Release
$0.012
Full Release
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Summary
Metal Bank Limited's quarterly cash flow report for the period ending 30 June 2026 details a net cash used in operating activities of $114,000 for the current quarter and $949,000 year-to-date. The company engaged in equity financing activities generating $1,017,000 this quarter, leading to a net cash surplus from financing activities of $970,000. However, investing activities led to a cash outflow of $391,000 this quarter. As a result, the cash and cash equivalents at the end of the period amounted to $1,856,000. Payments to related parties totaled $118,000 during this period. The entity has sufficient funding to cover the next 3.7 quarters of operations given the current financial situation and cash flow projections.
Key Points
  • Net cash used in operating activities: $114,000
  • Net cash from financing activities: $970,000
  • Investing activities led to a cash outflow: $391,000
  • Cash and cash equivalents at end of period: $1,856,000
  • Payments to related parties: $118,000
  • Estimated quarters of funding available: 3.7
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.