Booktopia cashflow improves despite lean months
Inside Retail
APRIL 18, 2024
Booktopia Group says it has delivered a positive cash flow of $781,000 in the March quarter, thanks to cost-saving and efficiency efforts. The positive cash flow came despite what is traditionally a relatively lean trading period in line with the softer performance of the book market at the start of the calendar year and a quieter season for consumer goods retailers, following the Black Friday, Cyber Monday, and Christmas sales events.
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