I thought it was a decent result considering the impairment. If you look at the net operating cash flow which was $1.8M less the purchase of PPE (ie what would be depreciated) $316K and the purchase of intangibles (what investments were made for software etc) $198K the free cash flow ($1.5M) was quite good the cash receipts were up 47% so now they just have to book them as real revenues once they deliver the service/software to the clients. FCF about $1.3M on $20 market cap with revenue growth of 40% and an underlying profit... I thought it was a good result lets see what the market thinks on Monday... I might be wrong lol
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