AGH 0.00% 4.4¢ althea group holdings limited

Althea Group - Future Prospects, page-84

  1. 232 Posts.
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    Interesting note, Cashflow statement from operating activities from Althea:

    As of 30.06.2019 - 6M negative (1,000 customers)
    As of 30.09.2019 - 4M negative (2,300 customers)
    As of 30.12.2019 - ?? negative should be lower (4,000 projected customers)

    We can clearly see that what Josh said at the AGM is right. The revenue is supporting the business in the long run as the customer base increases. I would expect the next quarter or half year the cash from operating activities to improve, as the patients almost doubled from last quarter.
 
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