Noted that the "priority" is to achieve cash flow positive in 2024 FY. Does not say it will happen in 2024.
But I can't see why not - revenue is growing at an ever increasing rate (42%pa for Year to March compared to previous period, based on Quarterly Reports); more importantly Revenue is now 84% of Market Cap (year to March 2023) and Revenue to free cash flow is also growing (85% in March). It will not take much to push cash flow into positive.
And as they say, to achieve profit "subsequently" after positive CF achieved. So profit would seem to be definitely after 2024 FY.
Noted that the "priority" is to achieve cash flow positive in...
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $36.58M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $6.164K | 52.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 293777 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 1308676 | 11 |
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| Last trade - 13.18pm 31/07/2025 (20 minute delay) ? |
| LGP (ASX) Chart |