Good Afternoon. FYI this is a cashflow statement. Not a Profit and Loss Statement.
You cannot derive profit from the 4C.
Cashflow and Profit are two different things.
On this instance, the company was cashflow positive. Great to see. Hopefully this continues and the business ramps up again for a strong finish to the financial year.
Looking to see at least $13.2m revenue this qtr, with cashflow positive.
I like the transition to higher profit products. Some products they are selling will probably have 30-100% profit margins.
Bye for now.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-11
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