My thoughts too.
Q420 1 Rolling 4 Periods - Receipts per user $52.25 2 Reported Revenue per user $65.00
So for the whole year, I have a total cash burn of $1.11m. But I also calculate the receivables on that revenue to be $1.43m, so net of receivables, the result would have been positive. I guess that's what happens when growth is fairly quick, and payment terms are fairly slow.
At some point it'll catch up.
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