The company presentation (14/3/16) says "Group break-even during Q4 2017".
With the latest cash balance at $13.02m, and a cash burn rate of $3.02m in the last quarter, then I suggest that the company will run out of cash before reaching break-even.
Apart from loss making activities, which are accelerating, the lack of timely disclosure by management, and the desperate spin on a worsening situation is a matter for concern.
Ann: ICQ grows quarterly cash collections 45% year-on-year-ICQ.AX, page-9
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