Ann: ICQ grows quarterly cash collections 45% year-on-year-ICQ.AX, page-9

  1. 110 Posts.
    lightbulb Created with Sketch. 5
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.