PNV 0.38% $2.64 polynovo limited

Ann: H1 FY21 Results Investor Presentation, page-36

  1. 13,624 Posts.
    lightbulb Created with Sketch. 4845
    The only reason we are NOT cash flow positive is that the board are spending all of the excess on growth - especially in the area of sales staff.

    So its possible we still may be "just short" next year.

    In reality, that's exactly how any long term investor would want it to be.

    ...
 
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