C'mon mate
Every 4c is burning cash why is that because operations and the way the sales work equals massive losses.
They may not be sold at a loss on paper but when everything adds up it's a loss.
LIFX is no startup it's been going for 10 to 12yrs with the same issues.
As the 4c results come in each time it shows cash burning but sales going up. What this means Maccas is no matter how much you sell, bring in products, expand into others areas ect the problem is well eye opening.
Someone said it's 5 months before Buddy get cash from receipts. Holy cow can you imagine running a business and waiting 5 months to get the cash lolol.
People still think this is the way to run a business. You need direct sales meaning LIFX sell stuff online via a website themselves and these deals. Relying on these deals by themselves equals losses.
Nobody understands i laugh when I see people get excited about more sales. The problem isn't the sales it's how it all occurs. More sales equals more problems as the underlying of a 10 to 12 year business have not been fixed.
- Forums
- ASX - By Stock
- BUD
- lifx clean - dec delivery sold out lifx.com
lifx clean - dec delivery sold out lifx.com, page-86
-
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)