VTI 14.3% 16.0¢ visioneering technologies inc.

Ann: Appendix 4C and Business Activity Report - Dec-21 Qtr, page-5

  1. 4,157 Posts.
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    Agree, one of the best quarterlies from VTI that I have seen, my highlights:
    Was good to see some of the revenue from outside the US kicking in.
    Looked like actual cash burn (excluding inventory build) was $1.2m.
    With a price rise coming through, margins should be better in Q1.
    Was interesting to see them call out the Air Freight costs, with a 75% saving when the move to shipping kicks in it Q2
    Agree seems smart to forego having a CEO atm, save the money, find an exceptional candidate once we are bigger.
    I think this is the bottom now, we will should start to trend up here, last chance to buy under $1.
    Investor call tomorrow morning should be very interesting!!
    Last edited by jaluma: 26/01/22
 
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