CTV 0.00% 0.8¢ colortv limited

Ann: EN1 Achieves Cash Flow Positive Q2 2019 4C & Commentary, page-70

  1. 17,232 Posts.
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    Just reading the initial prospectus, this group haven't made a profit in 5 years and revenue is decreasing?
    they had $24m in losses/debt pre IPO, raised $10m and paid themselves back in deferred "director" loans haha
    The company had $28m in revenue 2014, $36m 2015, $21m 2016 and now people are happy with $10 or $15m?
    I'm confused? What happened?
    ere we are 18 months later ....100% increase in shares on issue blimey....then again when you gift a factorer 2.8c shares why not
    $15m in accumulated losses since listing, no sign of NPAT yet $20m market cap and $3-5m in debt again, oh but cash flow positive for 1 Q haha
    CEO on $650k+ a year and people think he's doing a good job?

    I'm lost, or missing something here? good luck all, no more from me.



    Last edited by Warnie: 03/07/19
 
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Currently unlisted public company.

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