It's not too difficult to see a healthy cashflow and overall profit this year if they can continue (or improve) on their $7.8m first quarter.
One small gripe however. I'd like them to show the same consistency in their quarterly cash reporting as they do for their enrolments. I tried to create some cash data points for end of Q1 for previous years (to compare the deltas from December to March quarters) starting with the $4.9m March cash as per the AGM preso but no luck.
Nevertheless all metrics (other than share price) seem to be headed in the right direction.
EDU Price at posting:
9.8¢ Sentiment: Hold Disclosure: Held
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