Without a sizeable upfront order from Walmart, and successful CR the cashflow remains negative.
And at this point there is no guarantee things will change.
That is the unfortunate reality shareholders currently face.
There’s a pathway to profitability, but we are still trying to find where it starts.
Hopefully selling via Walmart isn’t a wrong turn, but rather a leap up the pathway, which leads to multiple fast tracks.
Nuheara (ASX: NUH) Q1 FY24 Webinar Link, page-81
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