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CardieX ( (AU:CQT) ) has issued an update.
CONNEQT Health Limited reported a net cash outflow from operating activities amounting to $2.624 million for the quarter ending September 30, 2025, primarily due to expenses in research and development, product manufacturing, and staff costs. However, the company saw a positive net cash inflow from financing activities, totaling $2.912 million, driven by proceeds from equity securities and convertible debt securities, indicating a strategic move to bolster its financial position.
More about CardieX
CONNEQT Health Limited, formerly known as Cardiex Limited, operates in the health technology industry. The company focuses on developing and providing innovative health monitoring solutions, with a market emphasis on cardiovascular health and related technologies.
Average Trading Volume: 553,302
Technical Sentiment Signal: Sell
Current Market Cap: A$19.96M
See more data about CQT stock on TipRanks’ Stock Analysis page.