looks like we are saying the same thing in different ways. one thing is for sure. if the BOD does not fix the crap performance in the next 2-3 qtr, there will be no AFW as all the signals are BAD...
Cash receipts down
Costs up
Losses Up
A saas business can't survive with this trend, it has been going on for 2-3 years. You can have losses and big losses in SaaS but your Sales/Cash receipts need to go up as well. I don't think the BOD gets it.
Ann: Appendix 4E, Audited Financial Statements and Annual Report, page-31
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