Overview of Orcoda's Quarterly Cash Flow Report

Orcoda Limited (ASX: $ODA) has released its quarterly cash flow report for the quarter ended 31 March 2024, in compliance with Listing Rule 4.7B. The report aims to inform the market about the company's activities for the past quarter, how they have been financed, and the impact on its cash position.

Executive Commentary on Cash Flow and Financing

The entity expects to continue with the current level of net operating cash flows for the time being. It has not reported positive net operating cash flows in item 1.9, therefore, a figure for the estimated quarters of funding available has been included in item 8.5. The entity is taking steps to raise further cash to fund its operations and believes in the success of these steps. It anticipates being able to continue its operations and meet its business objectives based on the current basis.

Summary of Orcoda's Quarterly Cash Flow Report and Outlook

Orcoda Limited (ASX: $ODA) has provided a true and fair view of its cash flows for the quarter ended 31 March 2024 in accordance with accounting standards and policies complying with Listing Rule 19.11A. The report highlights the entity's activities for the past quarter, their financing, and the effect on its cash position. Orcoda is actively taking steps to raise further cash to fund its operations and is confident in the success of these measures. The company expects to continue its operations and meet its business objectives based on the current basis.