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DXN General Discussion, page-25

  1. 6,012 Posts.
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    Unbelievable.

    With the arrival of the new CEO in late August 2019 - massive changes were made. But you won't recognise them.

    One thing you will definitely not recognise is improvement. The fact that it is massive improvement really grates you.

    Six months after said changes have been installed the March Quarterly comes out.

    * 218% improvement in cash receipts.
    * Net cash improves by 56%.
    *
    Reduction in staffing costs by 39%.

    These are substantial figures - not 5, 8, 9%. 218%, 56%, 39%.

    I must be the only 'ramper' using accountancy figures from the latest quarterly.


 
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