iCar Asia Limited kicks off 2014 with continuing momentum Wednesday, April 23, - iCar Asia Limited (ASX:ICQ), owner of ASEAN's number 1 network of automotive portals today released its latest quarterly Appendix 4C, recording strong growth of its businesses. Cash receipts from customers for the period amounted to A$0.67m, growth of 630% over the corresponding period in 2013. Net operating cash outflow was $2.46m resulting from continued investment in technology and increases in marketing, in line with the company’s strategy. Closing cash and cash equivalents was just under A$17m.
