Cash receipts from customers for the three-month period ended 30 September 2020 (Q1 FY21) of $3.04m, up 65% on Q4 FY20 ($1.84m), with the company cash flow positive for the quarter at the operating activity level, with net positive cash flow of $339k * Atomo finished the quarter debt-free and with cash on hand of $26.3m * Continued investment in R&D and manufacturing capacity to meet growing demand for Atomo’s products , with total unit production capacity increasing to approximately 750,000 per month during the quarter and further expansion under way * Revenues for Q1 FY21 (unaudited) approximately $2.5m
Not that this means anything to the short term share price. But it's good business.
AT1 Price at posting:
33.5¢ Sentiment: Hold Disclosure: Held
