Flexiroam Ltd has announced a cash flow update for Q2 FY25, detailing a decrease in cash receipts compared to the prior quarter, though showing a slight year-on-year increase. The company is committed to optimizing its marketing investments to improve customer acquisition costs and lifetime value while reducing dependence on high-cost paid media. To bolster working capital, Flexiroam secured a director loan and proposed a rights issue for additional funding. The firm is strategically positioned to leverage growth in the eSIM global travel market by refining its marketing and operations.
Flexiroam Ltd reported a decrease in cash receipts for Q2 FY25 but remains focused on optimizing marketing investments to improve customer acquisition costs.
The company is aligning its marketing strategies with long-term profitability goals and shifting towards more cost-effective methods.
Flexiroam secured a director loan to bolster working capital and is proposing a rights issue to raise additional funds.
Flexiroam aims to capitalize on opportunities in the growing eSIM global travel market by refining its marketing strategies and operating practices.
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