Sydney meet and BUD prospects, page-22

only a foolish ceo would focus on npat at this stage in the growth curve

every cent will be reinvested in business growth probably for several years. FB didnt flp to cashflow positive until after it has been listed 12 months if i recall correctly. certainly most of the multibillion tech 'unicorns' and even some of the listed like TWTR still dont make more than they spend

the attractive thing about BUD is that Ohm's strong demand makes it a very rare proposition - a company that is growing its ootprint exponentially but also has reaosnable chance of doing it largely from organic cashflows