The Tasmanian data centre will bring in $750k annual revenue from memory Sydney data centre need to reach 1mw to become cash positive Melbourne's site got sublet to reduce cost DXN also got Australian Government support of half million for local manufacturing and exporting to other countries Employee cost reduced by something like 700k Company also increase its recurring revenue from maintenance work of these prefab data centre FY20 also has non cash impairement of about $3m, acquisition cost etc. of one off cost
Matt joined DXN late 2019 and made significant improvement
I belive that we could see cash positive in the next few quarters
DXN Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held
