American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
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
Geophysics and Drilling Discovers New Mineralised Structure West of Horden Lake, further Potential along Strike.

Related Posts

Pi crypto price prediction: is Pi Network about...

June 16, 2025

Li Auto stock price analysis: the bullish case...

December 25, 2024

Box price analysis: rule of 40 points to...

October 31, 2024

Gold and Silver Prices Gain as Fed Holds...

August 1, 2024

Top 3 Canadian Nickel Stocks of 2024

April 11, 2024

Yvonne Blaszczyk: Gold an “Absolute Necessity,” Key Factors...

February 23, 2024

Expensive Asana stock price could surge by 195%...

December 22, 2024

DraftKings stock price inverse H&S points to a...

November 12, 2024

Forget Affirm, Block, and Klarna; this BNPL stock...

November 26, 2024

Best crypto to buy as the fear and...

May 16, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Latest News

    • FBI raid on John Bolton’s home in Washington linked to classified documents

      August 25, 2025
    • Argentine senate deals blow to Milei’s austerity agenda with university budget boost

      August 25, 2025
    • Jackson Hole Symposium: what Powell said about economic effects of Trump’s tariffs

      August 25, 2025
    • At Jackson Hole, Fed Chair Powell signals possible cuts while warning of uncertainty

      August 25, 2025
    • Trump threatens to fire Fed Governor Lisa Cook amid mortgage fraud allegations

      August 25, 2025

    Categories

    • Business (3,753)
    • Investing (2,776)
    • Latest News (2,048)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.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 americaninvesthub.com | All Rights Reserved