Accounting Issues - Discussed here, page-8

Agreed.. Revenue lags that "cash flow" by a fair bit but is growing at a similar percentage. That's why I've pointed out we aren't near $100m in revenue yet (more like $64m on a run rate basis).. We're at risk of growing too fast unfortunately. In fact the faster we grow the less profit we make, due to most expenses being up front.. That's why we need a capital raising to remove some of the risk.