The after tax net loss of $3.27mill was after a non cash expense of options issued ($3.35mill). That is a one off and it does NOT affect cash flow, that is why there is no mention of weak cash flow - because cash flow was strong, not weak. If the options get exercised, it will actually boost cash flow and fund further expansion so that is hardly an expense IMO other than for tax reporting purposes.
The Big Picture, page-13
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
