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ORDINARY FULLY PAID (ASX:OPT)

ALERT: Price-sensitive ASX Announcement for OPT
Current share price for OPT : $0.013 -0.587 (-97.83%)+
Announcement
Release
30 Apr 2026 9:08AM
Price at Release
$0.600
Full Release
download
Summary
The document is a Quarterly Activities and Appendix 4C Cash Flow Report from Opthea Limited for the period ending 31 March 2026. It outlines financial activities including a net cash usage of AUD 1.47 million in operating activities and no significant investing activities. The company had a cash balance of AUD 31.203 million at the end of the quarter. Major expenses included research and development and administration costs. Financing activities saw a net cash outflow of AUD 30.519 million. The report also briefly discusses the company's strategy for reinstating its securities on the ASX and includes forward-looking financial statements.
Key Points
  • Opthea Limited released its Quarterly Activities/Appendix 4C Cash Flow Report for the period ending 31 March 2026.
  • The report details cash flows from operating activities, investing activities, and financing activities.
  • Net cash used in operating activities was AUD 1.47 million for the quarter.
  • Research and development expenses amounted to AUD 0.2 million, while administration costs were AUD 1.1 million.
  • The company had cash and cash equivalents of AUD 31.203 million at the end of the quarter.
  • Opthea did not engage in any significant investing activities during the quarter.
  • The company reported net cash used in financing activities of AUD 30.519 million, primarily due to borrowings.
  • The report mentions future operating activity cash availability and funding estimates.
  • Opthea plans to seek reinstatement of its securities on the ASX in the first half of the calendar year 2026.
  • The report includes forward-looking statements about Opthea's financial performance and operational projections.
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.