Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

Biomarker Technologies for Cardiovascular Health

by admin August 6, 2024
August 6, 2024
Biomarker Technologies for Cardiovascular Health

Cardiex Limited (ASX:CDX) (the “Company”) is pleased to present its investor presentation.

June 2024 Quarterly Highlights

Record annual company revenues – $12.4m.

Initial Pulse units arrived in USA & Australia.Marketing and demand generation campaigns driving awareness and demand.New partnerships and pilot programs.Initial Pulse production run increased to 8,000 (previously 3,000). Pre-submission phase for OTC FDA-clearance for the Pulse. New patent awarded by USPTO for wearable PPG sensor technology.Nearing completion of our wearable sensor validation study.FDA submission for wearable technology anticipated Q1 25.

Financial Overview (Q4 ending 30 June 2024)

Revenue and other income for FY24 of $12.4m (FY23 – $6.0m)Q4 operating cash outflows of $2.8m, being a significant reduction to the Q3 normalized operating outflows of $3.4m, due to:Higher cash receipts of $0.9m in Q4 vs $0.7m in Q3, andFY23 R&D tax incentive of $0.7m.Cash resources and reserves ~ $6.5m, comprising:$0.5m cash; and$6.0m being funded under the Funding Commitment Agreement with C2 Ventures.Cash resources are believed to be sufficient to fund the Company’s growth initiatives, its operations, and to meet its business objectives.

Click here for the full ASX Release

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Assays up to 63g/t Gold and 3.2% Copper Highlight Immense Exploration Upside
next post
Rare Earths Market Update: H1 2024 in Review

Related Posts

Allied Critical Metals

June 20, 2025

Gold and Silver Prices End Week Lower as...

June 1, 2024

Platinum Price Forecast: Top Trends for Platinum in...

January 24, 2025

Quimbaya Gold Appoints Ricardo Sierra as Vice-President of...

January 20, 2025

Holding(s) in Company

November 16, 2024

Finlay Minerals Enters into Earn-In Agreements with Freeport...

April 21, 2025

Top 5 Canadian Mining Stocks This Week: Group...

May 11, 2025

4 Platinum Uses for Investors to Know (Updated...

December 18, 2024

Bold Ventures

June 14, 2025

Top 5 Gold Stocks on the TSX in...

June 29, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • ‘There are 50 swamps’: State Freedom Caucus Network helps conservatives fight the ‘uniparty’

      August 22, 2025
    • ‘Maine’s Mamdani’: Maine GOP chief issues warning about new challenger looking to oust Susan Collins

      August 22, 2025
    • Federal judge rules Trump appointee Alina Habba is unlawfully serving as US attorney

      August 22, 2025
    • Pentagon unveils new medal for troops deployed in Trump’s southern border crackdown

      August 22, 2025
    • Zelenskyy seeks ‘strong reaction’ from US if Putin is not ready for bilateral meeting

      August 22, 2025

    Categories

    • Business (1,073)
    • Investing (2,887)
    • Politics (3,527)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved