Nope. It's 7.1m in expenses / overheads putting the business into the red. Finance costs of about 3.7m.
At that rate, the cash at bank only covers the overheads (but some of it is only to be used for financing).
One example of spending: flights and accomodation 368,000. Wonder if that's business class and 5-Star all the way?
Cash crunch coming - receivables can't keep up with cash requirements at this rate, collection period is about 475 days after the first disbursement is made
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