KYP 0.00% 11.0¢ kinatico ltd

Ann: CV1 - Strong B2B Growth Drives Record Revenue Quarter, page-3

  1. 1,597 Posts.
    lightbulb Created with Sketch. 1811
    @bystander - thanks for your post.

    I agree with most of your thoughts, but what did you make of the negative cash flow (for the July - Sept 2019 quarter) that was announced today?

    After 3 or 4 quarters of being cash flow positive (albeit only just CFP), it was a little disappointing to read that today - especially when revenues clearly grew strongly through the last quarter.

    Do you think this negative cash flow result was as a result of the big increase in sales team numbers that was announced by CV! a few months back?
 
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