Ann: Investor Presentation, page-6

LVT definitely seems to be growing revenues nicely, and it is very cheap at today's prices if they hit their $100m revenue target in a couple of years time.

However, the lots of millions / billion $ question today is still "how much" have they improved the following areas that were listed in LVT's presentation today:

Improving net operating cash flow ✓
Strong growth in customer cash receipts achieved in the June 2019 quarter 1 ✓
Consistent improvement in net operating cash flow ✓
Further improvement in net operating cash flow achieved in June 2019 quarter

In the upcoming 4C, I would really like their nett operating cash outflows to be no more than $6.2m (down from -$11m, -$9.6m, and -$7.8m in the last 3 x quarters).

And for this figure to be excluding the $1.4m grant that they have mentioned a few times.

IMO, this would really set them up for getting close to cash flow positive within the next 9 to 12 months - and it would also importantly mean that a further capital raise would not be required (unless required for an acquisition).