Share
2,529 Posts.
lightbulb Created with Sketch. 175
clock Created with Sketch. 02/02/17
10:41
Share
Originally posted by makattack
↑
Well the target was for around AUS$24mill in revenues. We now know the end result was AUS$13.2mill. So yes they've missed it by a fair way and it was a mistake by them to make such forecasts which are difficult to do with such an organisation and so many factors. No arguments there.
Expand
Personally I am not too worried about the revenues but more the cash flow neutral. Servicing debt is not a bad thing unless it is to pay for the company to be able to keep trading, once a company is in profit It proves it is a viable business and ticks a fundamental box of requirements of a lot of investors.
