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High capex, weak cash flows drag Infra.Market deeper into debt as it gears up for IPO

VCCircle · 29d

Infra.Market, a construction materials marketplace, is facing challenges as it prepares for an IPO. The company's business expansion has led to increased capital expenditure and worsened cash flows, resulting in higher debt. This financial strain, characterized by high capex and deteriorating cash flows, could raise concerns about the company's overall financial health during the period leading up to March 2025, according to insights gathered by VCCircle.