@TripleTop I am good with the timing. KTD has done it before.
What confuses me is the revenue of $13.2m. I expected about $2m extra per Q from the increases in Walmart, Nouriz and Foodstuffs announcements. After allowing for the -$0.5m prop brands decrease revenue should have been ~$14.7m. What caused the difference?
The other concern is cashflow profitability. After stripping out one-offs and applying 20% gross margin to cash receipts, KTD still isn't cashflow positive in either of the last 2 Qs.
KTD Price at posting:
15.5¢ Sentiment: None Disclosure: Held
