VFX 0.00% 0.5¢ visionflex group limited

Ann: 1st to acquire Visionflex, $2.5m Placement, Rights Issue, page-2

  1. 7,949 Posts.
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    Not sure how to take this.. Looks like to be paying 2x revenue. However the issue I have is that it seems all the revenue was based on hardware sales. Recurring revenue to begin in FY 22 so another 6 months of cash bleed and based on a model that is yet to be proven to be financially viable.... not sure I like this.
    https://hotcopper.com.au/data/attachments/4019/4019781-658f7bbde367a38b37d39e1f8f62c79c.jpg

    https://hotcopper.com.au/data/attachments/4019/4019804-4fa115d19050063fc18da1ee607b23f7.jpg

 
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