"The Group was $0.3 million cash flow positive in FY2019, which was after $0.3million was paid to acquire the Spectrum Business in December 2018 and $0.1 million paid toacquire an E-Commerce connector which has been capitalised in intangible assets. The closing30 June 2019 cash balance was $4.8 million. Having significant cash reserves while remainingdebt free ensures that JCurve Solutions is well positioned to explore acquisition opportunities,the exploration of which remains ongoing."
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