Urbanise (ASX:UBN) anticipates a significant boost in its cash flows by AUD 2.4 million over the next twelve months.

The company’s core development team continues to maintain its stability and integrity.

On October 4, Urbanise implemented headcount reductions that are projected to contribute to cash flow improvements of AUD 1.1 million annually.

The company has also managed to cut down on its non-core development headcount requirements.

Urbanise is committed to achieving sustainable cash flow by the financial year 2025.

Urbanise is a company involved in developing urban environments, intending to create intelligent buildings and cities.