CI1 0.00% 11.0¢ credit intelligence ltd

CI1 General discussion, page-4587

  1. 2,039 Posts.
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    Fundamentals of CI1 Credit intelligence
    https://hotcopper.com.au/data/attachments/6155/6155835-11d747e60011242b0b36590830872ef7.jpg


    Credit intelligence revenue has almost flat lined. Operating expenses normalized or not are way out of control.
    being more than around 300% of the revenue and that is ignoring Cost of good sold.
    .
    Cost of good sold is almost as bad being 150% of revenue
    .
    The profit after tax is -150% of revenue, Yep that's a large negative.

    But the potential silver lining is that they are a sector that often have large initial costs.
    They have had long enough to deliver a profitable product and grab a Percentage of the market.

    But unfortunately they have missed the market, the tech boom in this sector occurred some time ago along with taking to long to reach their objectives.

    Their cash position is not sufficient to sustain them and no bank will loan them the money given these figures.
    Their only option is the obvious cash raising on the market appendix B or go broke.

    They will raise cash on the markets or get brought up for a almost nothing, either way share holders will lose even more money.

    Any one who thinks this investment is a good idea needs to take a course in arithmetic and accounts.

    Good luck in getting out.



 
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