PIQ proteomics international laboratories ltd

Ann: Annual Report to shareholders, page-2

  1. 672 Posts.
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    "At 30 June 2023, the Company had cash reserves of $6.0 million, and trade and other receivables of $0.15 million."

    It would appear we have less than a years worth of cash left in the bank, with losses increasing 24%, and despite the "commercialisation" of ProMarkerD, we have reduced revenues by 23%. The Managing Director has been rewarded with what seems to be a 33% increase in renumeration.

    Am I reading this correctly?

    https://hotcopper.com.au/data/attachments/5527/5527198-f571f12b77c4357daf4082562d8d2603.jpg
    https://hotcopper.com.au/data/attachments/5527/5527205-13034aa09aa963ee715f82b25a7e61b6.jpg

 
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