Forgot to look at the OCF as well. Last four quarters:
Sep 14: $3.3m receipts, ($1.4m) OCF
Dec 14: $4.7m receipts, ($168k) OCF
Mar 15: $3.6m receipts, ($1.7m) OCF
Jun 15: $6.3m receipts, $210k OCF
A return to positive cash flow in the last quarter, but that should be taken with a grain of salt. It was done on huge receipts which may not be sustainable QoQ. That being said, it was likely the first full quarter of the re-focused business, so there is a chance that we may see those numbers again.
Regardless, based on current growth trends positive cash flow isn't far away if it isn't the next quarterly. There is also potential for costs to be reined in a little if it doesn't come at the expense of the great revenue growth we have seen HoH.
CGS Price at posting:
21.5¢ Sentiment: Buy Disclosure: Not Held
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