DEM 8.33% 13.0¢ de.mem limited

Ann: DEM Reports First Revenues from New Forward Osmosis Membrane, page-3

  1. 2,515 Posts.
    lightbulb Created with Sketch. 172
    This reads as revenue from the IP they licenced off Nanyang Technological University (NTU):
    https://hotcopper.com.au/threads/ann-new-membrane-technology-added-to-de-mems-portfolio.4067116/
    So I take it as a new source of revenue slowly ramping up.
    With $700K received in April and strong order growth, what is the chance of cash flow positive this quarter? (2nd and 3rd quarters tend to be the strongest quarters).
 
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