$1.6m for jan-mar 2020 would be a massive failure and you are kidding yourself cause this would be going backward even the time before purchase of LIFX!
we know the revenue would be lower cause they are trying to focus on cutting costs, so I think we should focus on the bottom line. Last qtr EBITA was -$1.1. This qtr should be positive, isn’t it, based on the cost cutting strategies and new contract agreements! Anything below this is a failure cause they talked so confidently of the 8 goals plan. Last quarter net cash outflow was about $3.5m, this qtr we should see improvement on this!!!
BUD Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
