Revenue of $320k vs cash receipts of $160k, something is off there.
Revenue growing by 22% but costs are expected to double from $2m a quarter to $4 mill a quarter. So it will be less profitable going forward. But with $96 mill in the bank they can at least hire the right amount of people to work in the business, which is the forecasted increase in costs.
Not sure how I feel tbh, was hoping this would be good for holders to soften potential blows from disclosures around contracts. Its all down to the enterprise agreements now.
GSW Price at posting:
$2.92 Sentiment: None Disclosure: Not Held