SP3
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Ann: Annual Report to shareholders, page-25

  1. optimistus
    4,729 Posts.
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    06/10/23
    11:56
    Post #: 70206713
    ROFL

    Immediately? Take another look, they've been spending cash for 6 years now. Most of us would have settled for SOME consistent trend towards breakeven or cashflow positivity over that period but growth in revenue just doesn't seem to be translating to better net cashflow.

    They're monotonous in their ability to spend more than their revenue. Unless something significant changes by June 2024 I don't see how they can continue in their present form.
    Last edited by optimistus: 06/10/23
    SP3 Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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