5G Networks (ASX: 5GN) has today announced cash receipt growth of 254% on last quarter, going from ($2.4m) to $8.5m generating operating cashflow of $893k including $189 of acquisition costs.

Craig Astill, Caason Group MD & CEO, said: “As a significant investor, Caason Group is impressed by 5G Networks’ ability to add size and scale while also streamlining operations.”