RE: GDR Employees24 Feb 2025 12:29
Genedrive's cash position has improved significantly over the past year. As of June 30, 2024, the company reported:
Cash at bank of £5.2 million, up from £2.6 million in the previous year.
An increase in cash for the year of £2.6 million, compared to a £2.0 million decrease in the previous year.
The company is debt-free.
The balance sheet as of January 3, 2025, showed 5.19 million in cash and only 19,000 in debt, resulting in a net cash position of 5.17 million