Australian Bond Exchange Holdings Ltd. (AU:ABE) has released an update.
Australian Bond Exchange Holdings Ltd. reported a significant milestone with cash flows from operating activities surpassing $1 million for the quarter. The company introduced the XEROX AUD denominated market-linked security, boosting its innovative product offerings, and saw client holdings exceed $300 million despite reduced marketing spend. ABE is focused on expanding its client base and moving towards profitability, supported by new funding through unsecured convertible notes.
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