Trintech cash flow positive as losses narrow

ELECTRONIC payments firm, Trintech has turned cash flow positive in the third quarter of its financial year.

According to the company it generated $83,000 in cash to add to its existing pile of $41.6 million, the first time in some years that the company has generated cash from operations.

The company also managed to narrow its losses once again, with a loss of 8 cents per share in the third quarter down from 30 cents a year ago.