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Quickstep Holdings Limited (ASX: QHL)
Event
Quickstep (QHL)- Australia’s leading independent manufacturer of advanced carbon fibre composite components - recently released its March quarter (3Q FY19) 4C and Quarterly Report.
• Receipts from customers of A$16.7m, up 5% YoY.
• Positive operating cash flow of A$0.9m; this is the second consecutive quarter of +ve operating cash flows. Note: QHL has posted +ve operating cash flows in 4 of the last 5 quarters.
• Cash flow post PPE capex of A$1.025m was marginally negative at -A$0.2m.