this was one of the questioned asked during the AGM - James said in the early 2021 we will see cash flow positive.
they claimed they have healthy number of deals in pipeline - so will see a good growth but could not give a number.
they are still involving in the smart city project with the Beijing Municipal
i remembered the sept 4c said they have $2+m in cash, and some deposit in China could not counted as Cash balance - need to dig out the 4C announcement - they software development is mature, and we will see a reduce in overhead cost - but i suspect it will neutralised by the increase in management pocket money.
however, as long as they can turn the company into cash flow positive that's a good sign.
they are competing with companies like CSICO, and aiming on providing corporate solutions instead of small enterprise
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this was one of the questioned asked during the AGM - James said...
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