Need to read cashflow statements a little better.
The business was cashflow positive by $18m on $395m revene
It fell into cashflow negative after product development at $35m
Working capital at $20m at 2nd half is all thats required for now.
Company needs $440-445m revenue per annum to break even on product development costs
If there is no product development costs the company is cashflow positive.
Revenue - cost to suppliers and employees is cashflow positive.
Best looking chart on the ASX, page-64
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Last
46.5¢ |
Change
-0.010(2.11%) |
Mkt cap ! $103.6M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 47.5¢ | 46.5¢ | $467.5K | 997.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 282250 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 5000 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |