Yep, I think it should be cash flow positive this year or if not certainly very close.
Key thing to take away is:
A significant portion of the Company’s licensing, maintenance and support revenues
are received annually in advance, historically paid at the end of the Financial Year
(FYQ4) or at the commencement of the Financial Year (FYQ1). This cycle of payments
results in reduced cash inflows in FYQ2 and FYQ3
Aside from that, strong cash position (thanks to Brian exercising options) and huge R&D investment which aside from being subsidised by the government (which may be slow as the ATO are scrutinising software companies heavily with regards to R&D) means Alcidion continues to be more attractive every day.
Just bring on the contracts... a huge proportion of them are profit for Alcidion.
ALC Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held
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