I'm not sure I agree that their problems are to do with timing issues of receipts. Over the course of a few quarters, I would have thought this should average out, but it looks to me that in each of the last few quarters, the net cash flow from operations always seems to be on the low side compared to what they stating is the EBITDA, operational EBITDA, or EBITDAC. They just don't seem to be consistently generating positive cash flow. Cyber security looks to be an important and growing industry, so why isn't this company generating good sized profits in every quarter ?
All IMHO, DYOR
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