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Oakridge International Limited (ASX:OAK)
ALERT: Price-sensitive ASX Announcement for OAK
Current share price for OAK : $0.071 -0.004 (-5.33%)+
Announcement
Release
30 Apr 2026 11:04AM
Price at Release
$0.075
Full Release
Summary
Oakridge International Limited (ASX: OAK) provided a quarterly update alongside its Appendix 4C Quarterly Cash Flow Report for the quarter ended 31 March 2026. The company, focusing on the healthcare technology sector, reported positive cash flow supported by government grants and solid customer receipts totaling $988,000 for the quarter. It continued investing in product development and inventory to meet anticipated demand. Strategic partner activities and project opportunities across various healthcare sectors remained robust. The company has maintained a strong cash position and is actively working on its RTLS development and enhancing its product offerings and internal systems.
Key Points
- Oakridge continued strong performance ahead of budget.
- Customer receipts for the quarter were $988,000.
- Government support aided cash position.
- Investments were made in inventory and development.
- Strategic partnerships maintained strong market presence.
- Key projects include RTLS and NuCams Enterprise platform development.
- Operational improvements aim to enhance execution capabilities.
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.
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