Digging further into FLN's recent results , there appears to be an underlying dynamic crystallizing that is catching the attention of analysts and it is very much along the lines of my earlier comment, today, eluding to the fact that all revenue earned will flow straight to the bottom line whilst FLN is EBITDA and cash flow positive. This is a major goal for any newly listed company and, indeed, is a pre-requisite for sustained and enduring profitability. Refer attached analyst article, hereunder:
https://www.edisongroup.com/research/delivering-on-cash-and-profit-targets/32792/
Ann: 3Q23 Business Update, page-7
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $83.41M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $2.009K | 11.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16436 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 287617 | 3 |
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| Last trade - 15.44pm 14/10/2024 (20 minute delay) ? |
| FLN (ASX) Chart |