AJX 0.00% 1.1¢ alexium international group limited

Of course. I'm not considering financing or CR revenue, or other...

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    Of course. I'm not considering financing or CR revenue, or other miscellaneous items such as interest rate exchanges or R&D refunds etc when I talk about being cashflow positive, I'm just referring to sales versus operating costs, after all that is the key to a successful sustainable organisation. On the flip side EBITDA excludes capital expenditure which is offset by amortisation, loan interest etc so positive EBITDA doesn't always lead to positive cash flows. Cash flow is a better measurement but in the case of AJX, positive EBITDA will highly likely be a precursor to positive cashflow based on my analysis of announcements thus far.
 
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