$5.2m in sales for the quarter, and 'gross profit' of $736k, and a beautiful upward-moving graph.
But read on to the actual figures, and you'll see their $5.2m in sales resulted in a net cash outflow from operating activities of $2.1m.
Beware companies that can come up with positive accounting calculations but are in fact bleeding cash.
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- Ann: Appendix 4C - quarterly
$5.2m in sales for the quarter, and 'gross profit' of $736k, and...
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