Really nice chart Mondyinvest and shows the lack of scability. You wouldn't see this in a prophecy presentation
However, prophecy have grown the topline without additional capital and maintaining the cash balance around the 11-12m mark over the last few years.
The Devo partnership (as mentioned by Interested6), is a real win as most of the ARR is going to go straight to the bottom line.
They are also looking at more similar partnerships to Devo and hosting cost should reduce.
Agree with interested6, that FY25 could finally be where we see cash balance growing which should eventually flow to the bottom line (maybe this year will still be a slight loss, but cash should grow). Next year hopefully cash and profit grows.
Really enjoying the discussion!!
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 8023 | 0.405 |
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1 | 5263 | 0.350 |
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0.440 | 32000 | 1 |
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